Bramble Corp. uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

Date		Number of Units		Unit Price
May 7		55		$12
July 28		33		20

On June 1, Bramble sold 29 units, and on August 27, 44 more units.

Partially correct answer iconYour answer is partially correct.

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		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
June 1		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
July 28		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Aug. 27		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount

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New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to 0 decimal places, e.g. 1,250.)

Product E2-D2
Date		Purchases		Cost of Goods Sold		Balance
May 7		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
June 1		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
July 28		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Aug. 27		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount

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Incorrect answer iconYour answer is incorrect.

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, e.g. 1,250.)

Product E2-D2
Date		Purchases		Cost of Goods Sold		Balance
May 7		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
June 1		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
July 28		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Aug. 27		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount

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