Your Answer Correct Answer $($Used$)$

Prepare the perpetual inventory schedule for the above transactions using FIFO.

$($b$)$

Prepare the perpetual inventory schedule for the above transactions using LIFO.

$\backslash$table$[[$Product E$2-$D$2],[$Date:$,$Purchases,Cost of Goods Sold,Balance$],[$May $7,$$$,$$$,$$

Bramble Department Store uses a perpetual inventory system. Data for product E$2-$D$2$ include the following purchases.

$\backslash$table$[[$Date$,$Number of Units,Unit Cost$],[$May $7,45,$$$13.$