Splish Company is a multiproduct firm. Presented below is information concerning one of its products,...
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Splish Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. ort Date Transaction Quantity Price/Cost 1/1 Beginning inventory 3.400 $19 2/4 Purchase 4,400 28 2/20 Sale 4,900 47 4/2 Purchase 5,400 36 11/4 Sale 4,600 51 (a) Your Answer Correct Answer Your answer is correct Calculate average-cost per unit. (Round answer to 4 decimal places, es 2.7613) Average-cost per unit 5 28.9545 Compute cost of goods sold, assuming Splish uses: (Round average cost per unit to 4 decimal places, e 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 $ le) Periodic system, weighted average cost flow $ (0) Perpetual system, moving average cost flow $
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