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.)

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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