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Brief Exercise 6-10 a-c (Part Level Submission) Coronado Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases Date May
Brief Exercise 6-10 a-c (Part Level Submission) Coronado Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases Date May 7 July 28 On June 1, Coronado sold 20 units, and on August 27, 40 more units Number of Units 50 30 Unit Price $17 Your answer is correct. Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to 0 decimal places, e.g. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 850 850 June 1 340 510 July 28 660 1170 Aug. 27 730 440 Click if you would like to Show Work for this question: Open Show Work 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 June 1 s July 28 Aug. 27 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Attempts: 0 of 5 used SAVE FOR LATER SUBMIT ANSWER The parts of this question must be completed in order. This part will be available when you complete the part above
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