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Can you show the work and where you are getting the answers from please? Sunland Department Store uses a perpetual inventory system. Data for product
Can you show the work and where you are getting the answers from please?
Sunland Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 45 $13 July 28 30 16 On June 1, Sunland sold 25 units, and on August 27, 43 more units. Prepare the perpetual inventory schedule for the above transactions using FIFO. Product E2-D2 Date Purchases Cost of Goods Sold May 7 June 1 July 28 Aug. 27 $ SA SA 585 THE 480 tA $ SA 325 628 VA $ LA LA Balance 585 260 740 112 Prepare the perpetual inventory schedule for the above transactions using LIFO. Product E2-D2 Date Purchases. Cost of Goods Sold May 7 $ $ June 1 $ July 28 $ Aug. 27 $ SA 69 SA LA SA Balance Step by Step Solution
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