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Brief Exercise 6-10 a-c Concord Department Store uses a perpetual inventory system. Data for product...

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Accounting

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Brief Exercise 6-10 a-c Concord Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases Number of Units 50 30 Unit Price Date May 7 July 28 On June 1, Concord sold 24 units, and on August 27, 40 more units. $15 Your answer is partially correct. Try again. Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to O decimal places, e.g. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 750 750 June 1 360 390 uly 28 660 1050 Aug. 27 Your answer is correct. Prepare thepeetual inventory schedule for the above transactions using LIFO. (Round answers to O decimal places, e.g. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 750 750 June 1 360 390 July 28 660 1050 Aug. 27 810 240 LINK TO TEXT Your answer is partially correct. Try again. 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 O decimal places, e.g. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 750 750 June 1 360 390 July 28 660 1050 Aug. 27

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