just a few blanks that need filling.

FIFO Perpetual Inventory The beginning inventory of merchandise 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 54 $225 $12,150 8 Purchase 108 270 29,160 11 Sale 72 750 54,000 30 Sale 45 750 33,750 May 8 Purchase 90 300 27,000 10 Sale 54 750 40,500 19 Sale 27 750 20,250 28 Purchase 90 330 29,700 June 5 Sale 54 790 42,660 I 16 Sale 72 790 56,880 58,320 21 Purchase 360 28 Sale 81 790 63,990 Required: 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the one illustrated in Exhibits, using the first in, first out method. Under FIFO, units are in inventory at two different costs, enter the units with the LOWER unit cost first in the cost of Merchandise Sold Unit Cost column and in the Inventory Unit Cost column X perpetua X Compartx Compartir X omex Cengage x Periodic X LIFO Perix WAMAP M Applicati x ake Assignment/takeAssignment Main.do?invoker=&take AssignmentSessionLocator=&inprogress=false Update Show Me How eBook YU 20300 300 2,700 Y 19 27 300 13,500 X 54 7 2,700 300 54 300 13,500 Y 25 90 330 29,700 90 330 29,700 he 5 54 300 2.700 X ne 16 72 330 V 13,500 x 18 330 18 330 ne 21 162 360 58,320 162 360 58,320 18 330 58,320 X 25 360 58,320 x he 30 Balances petermine the total sales and the total cost of merchandise sold for the period. Journalize the entries in the sales and cost of merchandise sold accounts. Assume that ales were on account cord sale Lord cost Determine the gross profit from sales for the period Determine the ending Inventory cost as of June 30