2 The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 75 2-May Purchase 3-May Purchase 10-May Sale 15-May Purchase 60 115 17-May Sale 30-May Sale 1882282 15 $1,125 10 $600 80 13 $1,040 $35 35 16 $560 50 70 $35 $35 0/22 pts 399 Details Create a perpetual inventory record then calculate the Cost of Goods Sold, Ending inventory, and Gross Profit for the month under LIFO Purchases Cost of Goods Sold Inventory on Hand Dates Quantity Unit Cost Total Cost Quantity. Unit Cost Unit Total Cost Quantity Total Cost Cost May 1 75 15 1,125. May 2 60 10 600 75 15 1,125 60 10 600 10 May 2 85 10 850 15 075 85 10 050 ments... ents tton Online books May 3 80~ 12 720 May 10 May 15 May 17 May 30 End of the month totals Cost of Goods Sold S Ending Inventory Gross Pr Question Help Video 17 600 65 15 975 85 30 150 60 126 730 65 15 975 00 10 600 20 10 200 00 12 720 60 10 000 00 12 720 140 17 600 17 00 126 720 10~ 80 120 720 447 PM