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QUESTION

Rosario Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

Rosario Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

May 7 228-Units $10 Unit Price

July 28 137-Units $13 Unit

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

Date Purchases Cost of Goods Sold Balance

May 7 ______ ________ ______

June1

June 28

Aug 27

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