Sheridan Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28 Number of Units 55 25 Unit Cost $11 14 On June 1, Sheridan sold 20 units, and on August 27, 45 more units.

Sheridan Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. On June 1 , Sheridan sold 20 units, and on August 27,45 more units