Question: Crane Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 45

Crane Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

Date

Number of Units

Unit Cost

May 7

45 $10

July 28

25 13

On June 1, Crane sold 20 units, and on August 27, 44 more units.

Prepare the perpetual inventory schedule for the above transactions using moving-average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.50 and final answers to 0 decimal places, e.g. 1,250.)

Crane Department Store uses a perpetual inventory system. Data for product E2-D2

Prepare the perpetual inventory schedule for the above transactions using moving-average cost. (Round average-cost per unit t decimal places, e.g. 12.50 and final answers to 0 decimal places, e.g. 1,250.)

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