Brief Exercise 6 10 a c (Part Level Submission) Sunland Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Price May 7 $10 July 28 15 50 30 On June 1, Sunland 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 0 decimal places, e.g. Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 500 500 June 1 200 300 July 28 450 750 Aug. 27 450 300 (b) Prepare the perpetual inventory schedule for the above transactions using UFO. (Round answers to 0 decimal places, c.9. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 $ June 1 July 28 $ Aug. 27