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Brief Exercise 6-8 Vaughn's Department Store, Ltd. uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28 Number of Units 147 Unit Price 7 88 20 On June 1, Vaughn's sold 88 units, and on August 27, 103 more units. Prepare the perpetual inventory schedule for the above transactions using FIFO. Product E2-D2 Cost of Goods Sold Date Purchases Balance May 7 f June 1 July 28 Aug. 27 El E El Prepare the perpetual inventory schedule for the above transactions using Average cost. (Round average unit cost to 2 decimal places, e.g. 25.16 and final answers to o decimal places, e.g. 125.) Product E2-D2 Cost of Goods Sold Purchases Balance Date May 7 E E June 1 f F July 28 5 c E Aug. 27 E E