Happy, Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

Date		Number of Units		Unit Price
May 7		85		$5
July 28		51		15

On June 1, Happy sold 44 units, and on August 27, 68 more units.

1. Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to 0 decimal places, e.g. 1,250.)

Product E2-D2
Date		Purchases		Cost of Goods Sold		Balance
May 7
June 1
July 28
Aug. 27

2.Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to 0 decimal places, e.g. 1,250.)

Product E2-D2
Date		Purchases		Cost of Goods Sold		Balance
May 7
June 1
July 28
Aug. 27

Prepare the perpetual inventory schedule for the above transactions using moving-average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answers to 0 decimal places, e.g. 1,250.)

Product E2-D2
Date		Purchases		Cost of Goods Sold		Balance
May 7
June 1
July 28
Aug. 27