Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to 0 decimal places, Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 750 750 June 1 July 28 660 Aug. 27 360 390 1050 698 352 Concord Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28 Number of Units 50 30 Unit Price $15 22 On June 1. Concord sold 24 units, and on August 27, 40 more units. (a) Your answer is correct. Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to 0 decimal places, eg P Product E2-D2 Date Purchases Cost of Goods Sold May 7 750 Balance 750 June 1 July 28 aug 27 360 390 21050 Chick if you would like to Shave Work for this question: Open Show Work NOW SANTION SHOW ANSWER Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to 0 decimal places, Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 750 750 June 1 July 28 660 Aug. 27 360 390 1050 698 352