Question: Problem 8-6 (Part Level Submission) Larkspur Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction

"Problem 8-6 (Part Level Submission) Larkspur Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 3,300 2/4 Purchase 2/20 Sale 4/2 Purchase 11/4 Sale $18 28 46 35 51 4,300 4,800 5,300 4,500 Your answer is correct. Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.) Average-cost per unit $28.317 Attempts: 1 of 15 us Compute cost of goods sold, assuming Larkspur uses: (Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places, e.g. 6,548.) Cost of goods sold (a) Periodic system, FIFO cost flow (b) Perpetual system, FIFO cost flow (c) Periodic system, LIFO cost flow (d) Perpetual system, LIFO cost flow (e) Periodic system, weighted-average cost flow (f) Perpetual system, moving-average cost flow Attempts: 0 of 15 us
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