Question: Tsui Company is a multiproduct firm. Presented below is information concerning one of its products, the Jayhawk. Instructions (Carry unit costs to the nearest cent.)

Tsui Company is a multiproduct firm. Presented below is information concerning one of its products, the Jayhawk.

Instructions
(Carry unit costs to the nearest cent.)
Compute cost of goods sold, assuming Tsui uses:
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.

Quantity Unit Cost Date Transaction NT$12 1/1 Beginning inventory 1,000 2/4 Purchase 18 2,000 2/20 Sale 2,500 30 3,000 4/2 Purchase 23 11/4 Sale 2,200 33

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