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Date Transaction Number of Units Per Unit Total 515,750 Apr. 3 Inventory 42 $375 450 37 BOD Purchase Sale 11 55 70,000 30 Sale 1.250

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Date Transaction Number of Units Per Unit Total 515,750 Apr. 3 Inventory 42 $375 450 37 BOD Purchase Sale 11 55 70,000 30 Sale 1.250 1,250 SOD 500 43,750 Purchase May 10 35,000 32,500 Sale Sale 35 70 42 21 70 42 55 1,250 1,250 19 Purchase Sune Sale 16 Sale 21 Purcha 550 1,315 1,315 20,250 35,500 35,230 73,640 125 75,000 32,545 1.315 Required: 1. Record the inventory, purchases, and cost of marchandise od data in perpetual inventory record similar to the one illustrated in Exhibits, using the first-In, frat-out method. Under Firo, units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Good Sold Unit Cost column and in the inventory Unit Cost column Dunne Co. Schedule of Cost of Goods Sold FIFO Method For the Three Months Ended Dune 30 Purchases Cost of Goods Sold Inventory Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Apr. 3 42 375 $ 15,750 LT 42 375 15,750 Apr. a 84 450 37,800 84 450 37,800 42 375 15,750 Apr. 11 Apr. 30 35 35 35 | May 70 500 35,000 May 10 PA May 10 May 25 70 550 38,500 June 42 56 June 10 TL TL II LO June 21 126 600 75,600 126 600 75,600 June 20 June 30 Balances

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