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Metlock's Department Store. Ltd. uses a perpetual inventory system. Data for product E2-D2 include the following purchases Number of Units Unit Price Date May 7

image text in transcribedimage text in transcribed Metlock's Department Store. Ltd. uses a perpetual inventory system. Data for product E2-D2 include the following purchases Number of Units Unit Price Date May 7 49 July 28 37 6 16 On June 1. Metlock's sold 16 units, and on August 27,42 more units Prepare the perpetual inventory schedule for the above transactions using FIFO Date Purchases May 7 June 1 July 28 Aug 27 [ Product E2-D2 Cost of Goods Sold Balance Prepare the perpetual inventory schedule for the above transactions using moving average cost. (Round average unit cost to 2 decimal places, eg. 25.16 and final answers to O decimal places, eg. 125) Date Purchases May 7 June 1 E July 28 Aug 27 E eTextbook and Media Save for Later Product E2-D2 Cost of Goods Sold E Balance Attempts: 0 of 3 used Submit

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