LIFO Perpetual Inventory The beginning inventory of merchandise at Rhodes Co. and data on purchases and sales for a three-month period ending June 30 are as follows: Date Transaction Number of Units Per Unit Total Apr. 3 Inventory 66 $525 $34,650 8 Purchase 132 630 83,160 11 Sale 88 1,750 154,000 30 Sale 55 1,750 96,250 May 8 Purchase 110 700 77,000 10 Sale 66 1,750 115,500 19 Sale 33 1,750 57,750 28 Purchase 110 770 84,700 June 5 Sale 66 1,840 121,440 16 Sale 88 1,840 161,920 21 Purchase 198 840 166,320 28 Sale 99 1,840 182,160 Cost of Merchandise Sold Inventory Purchases Unit Cost Date Quantity Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Apr. 3 Apr. 8 $ Apr. 11 Apr. 30 May 8 May 10 May 19 May 28 1 1 O June 5 June 16 June 21 June 28 June 30 Balances 2. Determine the total sales, the total cost of merchandise sold, and the gross profit from sales for the period. Total sales Total cost of merchandise sold Gross profit 3. Determine the ending inventory cost on June 30