LIFO perpetual inventory with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column.

Dunne Co$.$

Schedule of Cost of Goods Sold

LIFO Method

For the Three Months Ended June $30$ Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period.

Determine the ending inventory cost on June $30.$

$

The beginning inventory at Dunne Co$.$ and data on purchases and sales for a three$-$month period are as follows: