FIFO 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: Number Date Transaction of Units Per Unit Total Apr 3 Inventory 66 $300 $19,800 8 Purchase 132 360 47,520 11 Sale 88 1,000 88,000 30 Sale 55 1,000 55,000 May 8 Purchase 110 400 44,000 10 Sale 66 1,000 66,000 19 Sale 33 1,000 33.000 28 Purchase 110 440 48.400 June 5 Sale 66 1,050 69.300 16 Sale 88 1,050 92.400 21 Purchase 198 480 95,040 28 Sale 99 1,050 103,950 CH7C HW DU Show Mew Calculator Schedule of Cost of Merchandise Sold FIPO Method For the three months ended Rune 30 Purchases Cost of Merchandise Sold Inventory Date Quantity Unit Cast Total Cost Quantity Unit Cost Total Coat Quantity Unit Cout Total Cost | Apr Ape - I LII | Apr. 11 | Apr. 30 May - - 1 May 10 May 19 5 May 20 June June 16 Check My Word