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Novak Company is a multi product firm. Presented below is information concerning one of its...

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Accounting

Novak 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 2,800 $17 2/4 Purchase 3,800 26 2/20 Sale 4,300 43 4/2 Purchase 4,800 33 11/4 Sale 4,000 48 Compute cost of goods sold, assuming Novak 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

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