Prepare the perpetual inventory schedule for the above transactions using moving-average cost.

Brief Exercise 6-10 a-c (Part Level Submission) Swifty Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Price May 7 50 $10 July 28 30 13 On June 1, Swifty sold 20 units, and on August 27,40 more units. (a) (b) (c) Your answer is partially correct. Try again. Prepare the perpetual inventory schedule for the above transactions using moving average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answers to 0 decimal places, e.g. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 500 500 $ June 1 200 300 $1 July 28 390 690 $ Aug. 27 Click if you would like to Show Work for this question: Open Show Work