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 Transaction Inventory Apr. 3 72 $ 525 $ 37,800 8 Purchase 144 630 90,720 11 Sale 96 1,750 168,000 30 Sale 60 1,750 105,000 May 8 Purchase 120 700 84,000 10 Sale 72 1,750 1,750 126,000 63,000 19 Sale 36 28 Purchase 120 770 92,400 June 5 Sale 72 1,840 132,480 16 Sale 96 1,840 176,640 21 Purchase 216 840 181,440 28 Sale 108 1,840 198,720 Calculator Dunne Co. Schedule of Cost of Goods Sold LIFO Method For the Three Months Ended June 30 Purchases Cost of Goods Sold Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Apr. 3 Apr. 8 $ Apr. 11 Apr. 30 May 8 May 10 2 Dunne Co. Schedule of Cost of Goods Sold LIFO Method For the Three Months Ended June 30 Cost of Goods Sold Inventory Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost $ $ - engagenow.com/ilm/takeAssignment/take AssignmentMain.do?invoker-&take AssignmentSessionLocator Szinprogress=false eBook Show Me How Calculator May 19 - May 28 I 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 on June 30. $