Question: Swifty Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date: May 7 Number of Units 40 Unit Price

Swifty Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date: May 7 Number of Units 40 Unit Price $10 Date: July 28 Number of Units 30 Unit Price $13 On June 1, Swifty sold 20 units, and on August 27, 40 more units Prepare the perpetual inventory schedule for the above transaction using LIFO and Average Inventory

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