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1. record the inventory, purchases and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using

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1. record the inventory, purchases and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using the last-in, first-out method. under LIFO, if units are in inventory at two different costs, enter the units with the higher unit cost first in the cost of goods sold unit cost column and lower unit cost first in the inventory unit cost column

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need help on the ones I got wrong

LIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Number Date Transaction of Units Per Unit Total Apt 3 Inventory 42 $225 $9,450 8 Purchase 270 22,680 Sale 156 750 42,000 30 Sale 35 750 26,250 May 8 Purchase 720 300 21,000 10 Sale 42. 750 31,500 Sale 21 750 15,750 28 Purchase 70 330 23,100 June 5 Sale 790 33,180 Sale 56 790 44,240 Purchase 126 360 45,360 Sale 63 790 49,770 CengageNOW2 Online teachir X C Ching enow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator Binprogress... a ok Show Me How Dunne Co. Schedule of Cast of Goods Sold LIFO Method For the Three Months Ended June 30 Cost of Goods Sold Inventory Purchases Total Cryst Total Cost Unit Cost Quantity Unit Cost Total Cost Quantity Bate Unit Cost Quantity 42 2257 9,450 Apr. 3 42 225 9,450 270 84 22,680 84 22.680 270 Apr. B 42 225 9,450 56 270 15, 28 270 22,680 | Apr. 11 28 270.00 7,500 35 225 7,875 Apr. 30 7 225 1,575 35 225 7,875 70 300 21,000 ay 8 70 V 300 21,000 35 225 7,875 42 300 12,600 28 May 10 8,400 300 35 225 7,875 21 300 6,300 7 300 2,100 May 19 35 225 7,875 7 300 2,100 May 28 70 330 23,100 35 225 7,875 7 300 2,100 May 28 70 330 23,100 70 330 23,100 35 225 7,875 330 42 13,860 7 300 2,100 June 5 28 225 6,300 28 225 6,300 X 7 300 2,100 14 225 3,150 June 15 21 225 4,725 14 225 3,150 Dune 21 126 360 45,360 126 360 45,360 14 225 3,150 63 360 22,680 June 20 63 360 22,680 s 25,830 92,820.0 Balance end 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. Total sales Total cost of goods sold Gross profit from sales 3. Determine the ending inventory cost as of June 30

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