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Ch 6 Homework Problems FIFO The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as fo Number Apr. 3 Inventory 42 $12,600 30,240 $300 8 Purchase 11 Sale 30 Sale May 8 Purchase 10 Sale 1,000 1,000 400 56 35 28,000 42 1,000 42,000 21 1,000 70 440 28 Purchase une 5 Sale 44,100 16 Sale 21 Purchase 28 Sale e soid data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using the first-in, first-out method. Under FIFO, if units are ^ 4/4/2013