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Question 1 of 7 View Policies Current Attempt in Progress Waterway Video Center accumulates the following cost and net realizable data at December 31. Inventory Categories Cost Data Net Realizable Value Data Cameras $12,200 $12.700 Camcorders 9,200 9,300 Blu-ray players 13,100 12.000 Compute the lower-of-cost-or-net realizable value valuation for the company's total inventory. The lower-of-cost-or-net realizable value $ Sheridan Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 60 $12 July 28 30 16 On June 1, Sheridan sold 26 units, and on August 27,44 more units. a (a) Prepare the perpetual inventory schedule for the above transactions using FIFO. Product E2-D2 Cost of Goods Sold Date Purchases Balance May 7 $ June 1 $ Prepare the perpetual inventory schedule for the above transactions using FIFO. Product E2-D2 Cost of Goods Sold Date Purchases Balance May 7 $ $ June 1 $ $ July 28 $ Aug. 27 $ $ e Textbook and Media Save for Later Attempts: 0 of 5uced 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 $ $ July 28 $ $ Aug. 27 $ $ $ $ $ Prepare the perpetual inventory schedule for the above transactions using moving average cost. (Round average-cost per unit to 3 decimal places, e8. 12.50 and final answers to decimal places eg. 1,250.) Product E2-D2 Cost of Goods Sold Date Purchases Balance May 7 $ $ June 1 $ $ $ July 28 $ $ $ Aug. 27 $ $ 1 e Textbook and Media

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