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Date Transaction Apr. 3 Inventory Purchase 8 11 30 May 8 10 Sale Sale Purchase Sale to and data on purchases and sales for a

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Date Transaction Apr. 3 Inventory Purchase 8 11 30 May 8 10 Sale Sale Purchase Sale to and data on purchases and sales for a three-month peric Number of Units Per Unit Total $ 375 $ 20,250 108 450 48,600 72 1.250 90,000 45 1.250 56,250 90 500 45,000 54 1.250 67,500 27 1,250 33,750 90 550 49,500 54 1,315 71,010 72 1,315 94,680 600 97,200 81 1,315 106,515 19 Sale 28 Purchase Sale June 5 16 Sale 21 Purchase 162 28 Sale Required: 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 $ 205,299 x Grow profit from sales $ X 3. Determine the ending inventory cost on June 30 $ 55,350 X

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