Ehlo Company is a multiproduct firm. Presented below is
information concerning one of its products, the Hawkeye.
Date
Transaction
Quantity
Price/Cost
1/1
Beginning inventory
3,980
$18
2/4
Purchase
4,000
22
2/20
Sale
4,650
4/2
Purchase
5,250
24
7/17
Purchase
3,100
27
11/4
Sale
6,200
Compute cost of goods sold, assuming Ehlo uses:
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,...