Question: Metlock, Inc uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Number of Units Date May 7 July 28 205 123

Metlock, Inc uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Number of Units Date May 7 July 28 205 123 Unit Price $12 15 On June 1, Metlock sold 107 units, and on August 27, 164 more units. Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to decimat places, eg 1,250.) Date Purchases Product E2-D2 Cost of Goods Sold $ Balance May 7 $ 23 June 1 $ $ $ July 28 $ $ $ Aug 27 $ $ $ eTextbook and Media Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to decimal places, eg. 1.250) Product E2-D2 Date Cost of Goods Sold May 7 Purchases Balance $ $ Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to O decimal places, e.g. 1,250.) Product E2-D2 Cost of Goods Sold Date Purchases Balance May 7 $ June 1 $ $ $ July 28 $ $ Aug 27 $ $ $ eTextbook and Media Prepare the perpetual inventory schedule for the above transactions using moving-average cost. (Round average-cost per unit to 2 decimal places, ag. 12.50 and final answers to decimal places, eg. 1.250.) Date Purchases Product E2-D2 Cost of Goods Sold $ Balance May 7 $ $ June 1 $ $ July 28 $ $ $ Aug 27 $ $ $
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