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Prepare the perpetual inventory schedule

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Question - Bramble Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchase.

Date

Number of Units

Unit Price

May 7

50

$12

July 28

30

15

Required -

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

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

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

Reference no: EM132351168

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