Alex Ltd. uses FIFO and a perpetual inventory system. You are provided with the following information from Alex’s inventory records for June 2015: Units Cost per unit Beginning inventory 76,500 $21.00 June 3—Purchase 20,250 $21.25 June 4-13—Sales (36,000) June 14—Purchase 40,500 $21.75 June 14-22—Sales (49,500) June 22—Purchase 27,000 $21.10 June 22-30—Sales (31,500)