Obj. 2,3 2. Gross profit. The beginning inventory at Midnight Supplies and data on purchases and sales for a three. l. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the o a PR 6-2A LIFO perpetual inventory $5,773,125 month period are shown in Problem 6-1A Instructions dc Tsimilar to the one illustrated in Exhibit 4, using the last-in, first-out method. period 3. Determine the ending inventory cost as of March 31. 2 96527300862 ur 7, 12, 1, 3, 1 243 In p S S S P S S P S P S 108050685450 123 123 112 Pp 5