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Question 2 0/22 pts 3 99 0 Details The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning

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Question 2 0/22 pts 3 99 0 Details The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 70 10 $700 2-May Purchase 60 15 $900 3-May Purchase 65 14 $910 10-May Sale 120 $30 15-May Purchase 30 19 $570 17-May Sale 45 $30 30-May Sale 35 $30 Create a perpetual inventory record then calculate the Cost of Goods Sold, Ending inventory, and Gross Profit for the month under LIFO Purchases Cost of Goods Sold Inventory on Hand Dates Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost May 1 May 2 May 3 May 10

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