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Brief Exercise 6-10 a-c Vaughn Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit
Brief Exercise 6-10 a-c Vaughn Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Price May 7 60 $17 July 28 40 22 On June 1, Vaughn sold 20 units, and on August 27, 40 more units. Your answer is partially correct. Try again. 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 1020 1020 $ June 1 680 $ 10 July 28 880 1560 S S X Aug. 27 x Your answer is incorrect. Try again. Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to 0 decimal places, e.g. 1,250.) Product E2-D2 Purchases Cost of Goods Sold Date Balance May 7 June 1 July 28 Aug. 27 LINK TO TEXT x Your answer is incorrect. Try again. Prepare the perpetual inventory schedule for the above transactions using moving-average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final ang Product E2-D2 Purchases Cost of Goods Sold Date Balance May 7 June 1 July 28 Aug. 27
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