View Policies Show Attempt History Current Attempt in Progress Sunland Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Number of Units Date Unit Cost May 7 45 $13 July 28 30 16 On June 1, Sunland sold 25 units, and on August 27,43 more units (a) Your Answer Correct Answer (Used) Prepare the perpetual inventory schedule for the above transactions using FIFO. Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 585 $ June 1 $ $ 325 $ July 28 5 40 $ Aug 27 628 (b) Prepare the perpetual inventory schedule for the above transactions using LIFO Product E2-02 Date Purchases Cost of Goods Sold Balance May 7 include the following hases Number of Units ate Unit Cost ay 7 45 $13 aly 28 30 16 n June 1, Sunland sold 25 units, and on August 27.43 more units. a) Your Answer Correct Answer (Used) Prepare the perpetual inventory schedule for the above transactions using FIFO. Product E2-D2 Purchases Cost of Goods Sold Balance 585 $ $ 585 $ 325 $ 260 480 $ $ 20 $ (b) Prepare the perpetual inventory schedule for the above transactions using LIFO Product E2-02 Cost of Goods Sold Date Purchases Balance May 7 $ June (b) Prepare the perpetual inventory schedule for the above transactions using LIFO Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 $ $ $ June 1 $ $ I $ July 28 $ $ $ Aug 27 $ $ $ e Textbook and Media Save for Later Attempts:0 of 3 used Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above