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Cullumber Department Store uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Number of Units Unit Price Date May 7
Cullumber Department Store uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Number of Units Unit Price Date May 7 44 $12 July 28 33 17 On June 1, Cullumber sold 22 units, and on August 27, 33 more units. * Your answer is incorrect. Calculate the weighted-average unit cost for each sale. (Round answers to 3 decimal places, e.g. 5.125.) June 1 sale 22 $ Aug. 27 sale $ 33 Your answer is partially correct. Compute the cost of goods sold using FIFO, LIFO, and moving-average methods. (Round answers to O decimal places, eg. 125.) FIFO Cost of goods sold eTextbook and Media 715 LIFO 825 AVERAGE-COST 770
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