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Dundas Wholesale Inc. had the following inventory transactions for one month. The company uses a perpetual system and FIFO. All purchases and sales are on account, # of unit cost or items sale price July 1 Opening balance 45 $30 July 5 Purchase 20 $32 Purchase July 7 of July 5 -5 items returned July 10 Sale $40 45 July 12 Purchase 25 $34 July 17 Sale 20 $50 July 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, Question 57 (1 point) What amount of cost of goods sold will be recorded on July 10? Question 58 (1 point) What is the value of the inventory after the July 10 transaction? A/ Question 59 (1 point) What is the gross profit percentage on the July 10 sale? AM Question 60 (1 point) What is the amount of gross profit on the July 10 sale? Question 61 (1 point) What is the value of the inventory after the July 12 transaction? A/ Question 62 (1 point) What amount of cost of goods sold will be recorded on July 17? A/ Question 63 (1 point) What is the value of the inventory after the July 17 transaction? A Question 64 (1 point) What is the gross profit percentage on the July 17 sale