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Date Transaction Quantity Price/Cost 1/1 Beginning inventory 1,700 $15 2/4 Purchase 2,700 22 2/20 Sale 3,200 37 4/2 Purchase 3,700 28 11/4 Sale 2,900 40

Date

Transaction

Quantity

Price/Cost

1/1 Beginning inventory 1,700 $15
2/4 Purchase 2,700 22
2/20 Sale 3,200 37
4/2 Purchase 3,700 28
11/4 Sale 2,900 40

Compute cost of goods sold, assuming Sheridan uses

Periodic system, FIFO cost flow

$

(b) Perpetual system, FIFO cost flow

$

(c) Periodic system, LIFO cost flow

$

(d) Perpetual system, LIFO cost flow

$

(e) Periodic system, weighted-average cost flow

$

(f) Perpetual system, moving-average cost flow

$

I have the answers for periodic but not perpetual. please help step by step.

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