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

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LIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Number of Units Date Per Unit Total Apr. 3 54 $ 300 $ 16,200 Transaction Inventory Purchase Sale B 108 360 11 72 1,000 30 Sale 45 1,000 38,880 72,000 45,000 36,000 54,000 May 8 Purchase 90 400 10 Sale 54 1,000 19 Sale 27 1,000 27,000 28 90 440 39,600 Purchase Sale June 5 54 1,050 56,700 16 Sale 72 1.050 25,600 21 Purchase 162 480 77.760 28 Sale 81 1,050 85,050 Required: 1. Record the riventory purchases and cost of goods sold dara in a perpetual inventory record similar to the one illustrated in exube

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