Question: Current Attempt in Progress Vaughn Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. On June 1, Vaughn sold




Current Attempt in Progress Vaughn Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. On June 1, Vaughn sold 25 units, and on August 27, 46 more units. (a) Prepare the perpetual inventory schedule for the above transactions using FIFO. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Product E2-D2 } \\ \hline Date & & Purchases & & Cost of Goods Sold & & Balance \\ \hline May 7 & $ & & $ & & $ & \\ \hline June 1 & $ & & $ & & $ & \\ \hline July 28 & $ & & $ & & $ & \\ \hline Aug. 27 & $ & & $ & & $ & \\ \hline \end{tabular} eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer Prepare the perpetual inventory schedule for the above transactions using LIFO. 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.)
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