LFO Perpetual Inventory The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as follows: Number Date Transaction Per Unit Total of Units Jan. 1 Inventory 7,500 $75.00 10 Purchase $562,500 1,912,500 22,500 85.00 28 Sale 11,250 150.00 1,687,500 562,500 30 Sale 3,750 150.00 Feb. 5 Sale 1,500 150.00 225,000 10 Purchase 54,000 4,725,000 87.50 160.00 16 Sale 27,000 4,320,000 4,080,000 28 Sale 25,500 160.00 Mar. 5 Purchase 45,000 89.50 4,027,500 14 Sale 160.00 4,800,000 30,000 7,500 25 Purchase 90.00 675,000 30 Sale 26,250 160.00 4,200,000 Required: Check My Work Previous Next 11 ? ? 6 0 tv Chapter 7 Homework eBook Show Me How Calculator Midnight Supplies Perpetual Inventory Account LIFO Method For the three-months ended March 31 Purchases Cost of Merchandise Sold Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit an. 1 an. 10 an. 28 an. 30 Feb. 5 eb. 10 - - Check My Work Previous Next ? ? otv F % & Chapter 7 Homework eBook Show Me How Calculator II IL eb. 28 Hars tar, 14 Check My Work Previous Next 11 ? ? tv 20 GOD Chapter 7 Homework eBook Show Me How Calculator tar. 25 tar, 30 tar. 31 Balances >termine the total sales, the total cost of merchandise sold, and the gross profit from sales for the period. otal sales otal cost of merchandise sold Fross profit Determine the ending inventory cost as of March 31. Check My Work Previous Next 8 E ? ? ty