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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 Transaction Per Unit Total Apr. 3 Inventory 66 $525 8 Purchase 132 630 11 Sale 88 1,750 1,750 $34,650 83,160 154,000 96,250 77,000 30 Sale 55 May 8 Purchase 110 700 10 Sale 66 1,750 115,500 19 Sale 33 1,750 57,750 28 Purchase 110 770

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