Cascade Inc. completed the following inventory transactions during the month of September:

copy_of_assignment_mod_08_new.xlsx

M8 Assignment

Module 8 Assignment:
Cascade Inc. completed the following inventory transactions during the month of September:
Date	Item	Quantity	Unit Cost
1-Sep	Balance	25	$80
4-Sep	Purchase	40	$78
12-Sep	Sale	52
22-Sep	Purchase	30	$77
30-Sep	Sale	22
Requirements:
1	Prepare a perpetual inventory record using FIFO
		Purchases			Cost of Goods Sold			Inventory on Hand
	Date	Quantity	Unit Cost	Total Cost	Quantity	Unit Cost	Total Cost	Quantity	Unit Cost	Total Cost
2	Prepare a perpetual inventory record using LIFO
		Purchases			Cost of Goods Sold			Inventory on Hand
	Date	Quantity	Unit Cost	Total Cost	Quantity	Unit Cost	Total Cost	Quantity	Unit Cost	Total Cost
3	Prepare a perpetual inventory record using average cost
		Purchases			Cost of Goods Sold			Inventory on Hand
	Date	Quantity	Unit Cost	Total Cost	Quantity	Unit Cost	Total Cost	Quantity	Unit Cost	Total Cost