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I need this homework help for my accounting class. Brief Exercise 6-9 Rosario Department Store uses a perpetual inventory system. Data for product E2-D2 include
I need this homework help for my accounting class.
Brief Exercise 6-9 Rosario Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28 Number of Units 101 60 Unit Price $10 13 On June 1, Rosario sold 52 units, and on August 27, 80 more units. Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to 0 decimal places, e.g. 1,250.) Date May 7 Product E2-D2 Cost of Goods Purchases Sold $ $ Balance $ $ Aug. 27 $ $ $ $ July 28 $ $ June 1 $ $ LINK TO TEXT Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to 0 decimal places, e.g. 1,250.) Date May 7 June 1 July 28 Product E2-D2 Cost of Goods Purchases Sold $ $ Balance $ $ $ $ $ $ $ $ Aug. 27 $ $ LINK TO TEXT 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.) Date May 7 June 1 July 28 Aug. 27 Product E2-D2 Cost of Goods Purchases Sold $ $ Balance $ $ $ $ $ $ $ $ $ $Step by Step Solution
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