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|Buffalo Industries uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date Number of Units Unit Price $14 40 May 7
|Buffalo Industries uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date Number of Units Unit Price $14 40 May 7 30 19 July 28 On June 1, Buffalo sold 20 units, and on August 27, 30 more units. Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.) June 1 sale: $ Aug. 27 sale: tA Compute the cost of goods sold using FIFO, LIFO, and average-cost. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST $ $ Cost of goods sold tA
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