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LFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Date Transaction Number

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LFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Date Transaction Number of Units Per Unit Total Apr. 3 36 Inventory Purchase $600 $21,600 8 72 720 51,840 11 48 Sale Sale 96,000 30 2,000 2,000 30 60,000 Purchase 60 May 8 10 Sale 800 2,000 48,000 72,000 36 19 Sale 18 2,000 28 Purchase 60 880 June 5 Sale 36,000 52,800 75,600 100,800 36 2,100 16 Sale 48 2,100 21 Purchase 108 960 2,100 28 Sale 103,680 113,400 54 eBook Show Me How Purchases Unit Cost For the Three Months Ended June 30 Cost of Goods Sold Quantity Unit Cost Total Cost 1 Date Quantity Total Cost Quantity U Apr. 3 Apr. 8 Apr. 11 Apr. 30 May 8 May 10 May 19 Chapter 6 - Assignment 3 assignment take frame May 28 - eBook 3 Show Me How June 5 June 16 June 21 June 28 June 30 Balances 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. Total sales Total cost of goods sold Gross profit from sales 3. Determine the ending inventory cost as of June 30

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