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Concord Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28 (a) Date Number of
Concord Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28 (a) Date Number of Units May 7 On June 1, Concord sold 25 units, and on August 27, 45 more units. June 1 July 28 Your Answer Correct Answer (Used) 45 Prepare the perpetual inventory schedule for the above transactions using FIFO. Aug. 27 30 $ $ Unit Cost $13 $ $ 15 Purchases 585 1 450 1 Product E2-D2 $ $ $ $ Cost of Goods Sold i 325 1 635 $ SA Balance 585 260 710 75
part b is where im struggling
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