M Business Math Accounting Canvas eBook Show Me How Print Item Calculator LIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Number Transaction Date of Units Total Per Unit Apr. 3 Inventory 72 $525 $37,800 F Purchase 144 630 90,720 Sale 11 96 1,750 168,000 30 Sale 60 1,750 105,000 May 8 Purchase 120 700 84,000 Sale 10 72 1.750 126.000 Sale 19 36 1.750 63,000 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 Required: 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar two different costs, enter the units 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. the one illustrated using the last-in, first-out method. Under LIFO, if units are in inventory at Exhibit Dunne Co. Goods Sold Schedule of Cost LIFO Method For the Three Months Ended June 30 Purchases Cost of Goods Sold Inventory Quantity Date Unit Cost Total Cost Unit Cost Quantity Total Cost Quantity Unit Cost Total Cost Apr. 3 $ Apr. 8 Check My Worlk Previous Next All work saved. Submit Assignment for Grading Email Instructor Save and Exit ROse State Canvas M Business Math Accounting eBook Show Me How Calculator Print item Purchases Cost of Gaods Sold Date Inventory Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Apr. 3 Total Cost Apr. 8 Apr. 11 Apr. 30 May 8 May 10 May 19 May 28 June 5 June 16 Check My Work Previous All work saved. Email Instructor Submit Assignment f Save and Exit MacRook Pro ACCOunting eBook Show Me How Calculator Print Item May 10 May 19 May 28 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 goods sold Gross profit from sales 3. Determine the ending inventory cost as of June 30. Check My Work Previous Email Instructor lwork saved. Save and Exit Submit Assignmes