Question: Blue Spruce Corp. uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Price 170 $7 May




Blue Spruce Corp. uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Price 170 $7 May 7 July 28 102 20 On June 1, Blue Spruce sold 88 units, and on August 27. 136 more units. Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to 0 decimal places, e.g. 1,250. 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 LIFO. (Round answers to 0 decimal places, eg. 1,250.) Date Product E2-D2 Cost of Goods Sold Purchases 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 2 decimal places, e.g. 12.50 and final answers to 0 decimal places, eg. 1,250.) Product E2-D2 Cost of Goods Sold Date Purchases Balance May 7 $ $ $ June 1 $ $ $ July 28 $ $ $ Aug. 27 S $ $ e Textbook and Media
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