# of unit cost or items sale price May 1 Opening 50 balance $30 May 5 Purchase 25 $32 Purchase May 7 of May 5 items -5 returned May 10 Sale 50 $40 May 12 Purchase 25 $34 May 17 Sale 20 20 $50 May 24 Purchase 35 $35 Use an inventory cost chart and an accounting chart to analyze the above transactions, and then answer the questions below. Where you are asked to enter a percentage, you may enter it in any of several ways. For example, 78 percent can be entered as 78%, .78, 0.78, or 78. Dollar figures should be entered WITHOUT dollar signs, commas, or decimal points.