Brief Exercise 6-9

Rosario Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

Date	Number of Units	Unit Price
May 7	171	$10
July 28	102	13

On June 1, Rosario sold89units, and on August 27,136more units. Warning

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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	$	$	$
June 1	$	$	$
July 28	$	$	$
Aug. 27	$	$	$

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Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to 0 decimal places, e.g. 1,250.)

Product E2-D2
Date	Purchases	Cost of Goods Sold	Balance
May 7	$	$	$
June 1	$	$	$
July 28	$	$	$
Aug. 27	$	$	$

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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 answers to 0 decimal places, e.g. 1,250.)

Product E2-D2
Date	Purchases	Cost of Goods Sold	Balance
May 7	$	$	$
June 1	$	$	$
July 28	$	$	$
Aug. 27	$	$	$