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based on the info in photo 1, what are the CORRECT values to plug into photo 2. The boxes in red are incorrect. Thank you!
based on the info in photo 1, what are the CORRECT values to plug into photo 2. The boxes in red are incorrect. Thank you!
Brief Exercise 6-10 a-c Sheffield Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Price May 7 50 $20 July 28 30 23 On June 1, Sheffield sold 20 units, and on August 27, 40 more units. your answer is correct Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to o decimal places, e.g. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 1000 at 1000 June 1 400 600 July 28 690 1 1290 Aug. 27 0 830 460 Your answer is partially correct. Try again. Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to o decimal places, e.g. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 1000 0 1000 June 1 0 400 600 July 28 690 0 1290 Aug. 27 920 370 LINK TO TEXT Step by Step Solution
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