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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

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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and Method For the Three Months Ended June 30 Cost of Goods Sold Quantity Unit Cost Total Cost Purchases Unit Cost Quantity Total Cost Date Apr. 3 Quantity 54 54 $ Inventory Unit Cost 525 525 630 $ Total Cos 28,350 28,350 28, Apr. 8 630 $ 68,040 103 68,040 Apr. 11 54V 18 525 30 28,350 11,340 630 56,700 6 Apr. 30 630 28,350 630 28,3501 630 28,350 May 8 63,000 700 63,000 60 630 28,350 26,350 May 10 700 700 56,700 700 May 19 May 28 90 770 69,300 547001 54 700 90 770 90 770 10770 770 840 69,300 69,300 June 16 72 770 June 21 162 840 136,080 June 28 840 June 30 Balances Number of Units Date Transaction Per Unit Total 54 $525 $28,350 108 630 68,040 1,750 126,000 Apr. 3 8 11 30 May 8 10 Inventory Purchase Sale Sale Purchase Sale 1,750 78,750 700 63,000 1,750 19 Sale 28 1,750 770 1,840 Purchase Sale Sale Purchase Sale June 5 16 21 28 94,500 47,250 69,300 99,360 132,480 136,080 149,040 1,840 840 1,840 3. Determine the gross profit from sales for the period. 4. Determine the ending inventory cost as of June 30

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