Accounting Bonita Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 45 $14 July 28 25 17 On June 1,...

Accounting<br>Bonita Department Store uses a perpetual inventory system. Data for product<br>E2-D2 include the following purchases.<br>Date<br>Number of Units<br>Unit Cost<br>May 7<br>45<br>$14<br>July 28<br>25<br>17<br>On June 1, Bonita sold 20 units, and on August 27, 40 more units.<br>Prepare the perpetual inventory schedule for the above transactions using<br>FIFO.<br>Prepare the perpetual inventory schedule for the above transactions using<br>LIFO.<br>Prepare the perpetual inventory schedule for the above transactions using<br>moving-average cost.<br>

Extracted text: Accounting Bonita Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 45 $14 July 28 25 17 On June 1, Bonita sold 20 units, and on August 27, 40 more units. 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.

Jun 10, 2022

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Accounting Bonita Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 45 $14 July 28 25 17 On June 1,...

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