eBookShow Me HowPrint Item Question Content Area LIFO Perpetual Inventory The beginning inventory of merchandise at Rhodes Co. and data on purchases and sales for a three-month period ending June 30 are as follows: Date Transaction Number of Units Per Unit Total Apr. 3 Inventory 78 $375 $29,250 8 Purchase 156 450 70,200 11 Sale 105 1,250 131,250 30 Sale 66 1,250 82,500 May 8 Purchase 130 500 65,000 10 Sale 78 1,250 97,500 19 Sale 39 1,250 48,750 28 Purchase 130 550 71,500 June 5 Sale 78 1,315 102,570 16 Sale 104 1,315 136,760 21 Purchase 234 600 140,400 28 Sale 117 1,315 153,855 Required: 1. Record the inventory, purchases, and cost of merchandise sold data