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FIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as follows:

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FIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as follows: Number of Units Date Transaction Per Unit Total Apr. 3 Inventory 72 $225 $16,200 8 Purchase 144 270 38,880 72,000 11 Sale 96 750 30 Sale 60 750 May B Purchase 120 300 10 Sale 72 750 45,000 36,000 54,000 27,000 39,600 56,880 19 Sale 36 750 28 Purchase 120 330 June 5 Sale 72 790 16 Sale 96 790 75,840 21 Purchase 216 360 77,760 28 Sale 108 790 85,320 Required: Schedule of Cost of Goods Sold FIFO Method For the Three Months Ended June 30 Cost of Goods Sold Quantity Unit Cost Total Cost Purchases Unit Cost Date Quantity Total Cost Inventory Unit Cost Quantity Total Cost Apr. 3 |Apr. a Apr. 11 Abr. 30 May 1 May 10 May 19 May 2 June 5 June 16 June 21

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