IIFo perpetual inventory The beginning inventory at Midnight Supphies and data on purchases and sales for a three-month period ending March 31 are as follows: 1. Record the ifeentory, purchases, and cost of goods sold data in a perpetual inventory record similar to the ane illustrated an Exhibt 4 , using the last-in, first-out method, Under UFFO, it units are in ifwentory st two different costs, exter the units with the HiGHER unit cost first mi the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory unte cost column. Roound unit cost to two decimal places, if necessary. n.s.w.d wata coct to two derimal blaces, if necestary. 3. Determune the endend inyentery 605 as of Maich 31 \begin{tabular}{ccccc} Cost of Goods Sold & Cost of Goods Sold & Inventory \\ Unit Cost & Total Cost & Quantity & Inventory & Inventory \\ & & & Total Cost \\ \hline \end{tabular}