Question: Current Attempt in Progress Splish Brothers Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28

 Current Attempt in Progress Splish Brothers Inc. uses a perpetual inventory

Current Attempt in Progress Splish Brothers Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28 Number of Units 105 63 Unit Price $7 18 On June 1, Splish Brothers sold 55 units, and on August 27,84 more units. (a) (b). (c) Prepare the perpetual inventory schedule for the above transactions using moving average cost. (Round average- cost per unit to 2 decimal places, eg. 12.50 and final answers to decimal places, e.g. 1,250.) Product E2-D2 Cost of Goods Sold Date Purchases Balance May 7 $ $ $ June 1 $ $ $ July 28 $ $ $ Aug. 27 $ $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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