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Hogan's Department Store uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below. On June 1, Hogan sold 30 units, and
Hogan's Department Store uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below. On June 1, Hogan sold 30 units, and on August 27, 35 more units. Calculate the average cost. (Round answers to 3 decimal places, e.g. 5.125.) Compute the cost of goods sold using (a) FIFO, (b) UFO, and (c) average-cost. (Round answers to 0 decimal places, e.g. 125.) The cost of goods sold using FIFO The cost of goods sold using LIFO The cost of goods sold using average-cost
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