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LFe perpetual irventory The beginning inventary at Dunne - Co, and data on purchases and lales for a chree-month period are as foncwa: Required: 1.

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LFe perpetual irventory The beginning inventary at Dunne - Co, and data on purchases and lales for a chree-month period are as foncwa: Required: 1. Record the inventory, purchases, and cost of goods sold date in a berpetual inventory recocd kimitar to thin one hillstrated in using the lost-in, first-out method. Under LFo, if units are in inventoryat. twa different costs, enter the Units with the HIGHER unit cost first in the cost of coods Sold Unit cosect column and LbWER unit cost first in the Imventory Unut coit coluran. 2. Determine the totalsaies, the total cost of goods sold, and the gross profit from cales for the period. 3. Determine the ending ifentory cost oh bune 30

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