(Answered) 1 compute fifo lifo average cost-periodic and perpetual

Accounting

1. Compute FIFO, LIFO, Average Cost-Periodic and Perpetual Ehlo Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye. Compute cost of goods sold, assuming Ehlo uses:

(a) Periodic system, FIFO cost flow.

(b) Perpetual system, FIFO 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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