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engagenow.com takeAssignment Main.do?invokers & takeAssicu entSessionLocator=&inprogres: *** Chapter 6 Assignment 3 eBook Show Me How Calculator LFO Perpetual Inventory The beginning inventory at Dunne Co.

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engagenow.com takeAssignment Main.do?invokers & takeAssicu entSessionLocator=&inprogres: *** Chapter 6 Assignment 3 eBook Show Me How Calculator LFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as folows: Number of Units Per Unit Total 66 $225 Date Transaction Apr 3 inventory B Purchase 11 Sale $14,850 132 270 35,640 RR 750 66,000 Sale 55 30 May 41,250 110 10 Sale 300 750 66 33,000 49,500 24,750 Sale 750 20 Purchase 33 110 330 June Sale 36,100 52,140 290 16 Sale BB 790 21 Purchase 28 Sale 69,520 71,280 360 790 78,210 Required: 1. Record the inventory.purchases, and cost of goods soldat in perpetual inventory records to the one strated in thibiting the last first-out method. Under LIFO, if units are enter the units with the HIGHER t cost first in the cost of Goods Sold Unit Cost column and LOWER cost first in the Inventory Unit Cost column Assignment Score Chapter 6 - Assignment 3 ebook Show Me How Cake 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one lustrated in Bhbit 3, using en fust-out method. Under UFO, if units are in inven enter the units with the HIGHER un cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost com Dunne Co. Schedule of Cost of Goods Sold LIFO Method For the Three Months Ended June 30 Purchases Cost of Goods Sold Inventory Date Quantity Unit Cout Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost | Apr 225 $14,850 66 225 14,850 | Apel 132 270 35,640 132 270 35,640 A1 66 225 $ 14,850 II. Ape 30 May 10 May 19 Check My Work 3 more Check My Work uses remaining signment Score: 09.37% All work saved Email Instructor Save and D Type here to search o TI 5 Ps Irune 5 June 21 I DI June 20 I 30 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 Cek My Work 3 more Check My Worsemang gment Score: 59.37% All work saved Email Instructor Save and Type here to search O 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 Gross profit from sales 3. Determine the ending inventory cost as of June 30

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