Question: Lily Department Store uses a perpetual inventory system. Data for product E 2 - D 2 include the following purchases. Date Number of Units Unit
Lily Department Store uses a perpetual inventory system. Data for product ED include the following purchases. Date Number of Units Unit Cost May $ July On June Lily sold units, and on August more units. A Prepare the perpetual inventory schedule for the above transactions using FIFO. Product ED Date Purchases Cost of Goods Sold Balance May $ $ $ June $ $ $ July $ $ $ Aug. $ $ $ b Prepare the perpetual inventory schedule for the above transactions using LIFO. c prepare the perpetual inventory schedule for the above transactiona using the moving average cost. Round averagecost per unit to decimal places, eg and final answers to O decimal places, eg
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