Question: Crane Department Store uses a perpetual inventory system. Data for product E 2 - D 2 include the following purchases. table [ [ Date
Crane Department Store uses a perpetual inventory system. Data for product ED include the following purchases.
tableDateNumber of Units,Unit CostMay $
Aug.
$
$
$
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Prepare the perpetual inventory schedule for the above transactions using LIFO.
Prepare the perpetual inventory schedule for the above transactions using movingaverage cost. Round averagecost per unit to decimal places, eg and final answers to decimal places, eg
tableProduct EDDatePurchases,,Cost of Goods Sold,,BalanceMay $$$June $$$July $$$Aug$$$
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