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Happy Camper Company is a service based company that rents canoes for use on local lakes and rivers during 2024. In additon to rental sevions,

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Happy Camper Company is a service based company that rents canoes for use on local lakes and rivers during 2024. In additon to rental sevions, at the beginning of January 2025. Happy Camper Company decided to carry and sel T.ahits with ts logo printed on them. Happy Camper Compary uses the perpetual irventory systom to account for the inventory During February 2025. Hoppy Camper Company completed the folowing merchandsing tearsactions: (1) (Clck tive loon to view the transactions) Read the requencterts coeting method. th the end of the perod. (Erter the oldest inveriory wers frat.) Feb. 2 Sold 70 T-shirts at $16 each. Feb. 5 Purchased 40 T-shirts at $10 each. Feb. 7 Sold 60 T-shirts for $16 each. Feb. 8 Sold 5 T-shirts for $16 each. Happy Camper Company realized the inventory was running low, so it placed a rush order and Feb. 10 purchased 60 T-shirts. The premium cost for these shirts was $13 each. Feb. 12 Placed a second rush order and purchased 80 T-shirts at $13 each. Feb. 13 Sold 60 T-shirts for $16 each. Feb. 15 Purchased 40 T-shirts for $10 each. In order to avoid future rush orders, purchased 140 T-shirts. Due to the volume of the order, Feb. 20 Happy Camper Company was able to negotiate a cost of $7 each. Feb. 21 Sold 30 T-shirts for $16 each. Fob. 22 Sold 90 T-shirts for $16 each. Fob. 24 Sold 5 T-shirts for $16 each. Feb. 25 Sold 50 T-shirts for $16 each. Fob. 27 Sold 10 T-shirts for $16 each

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