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Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record using the last-in, first-out method. LIFO Perpetual Inventory The beginning

Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record using the last-in, first-out method.
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LIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Number Date Transaction of Units Per Unit Total Apr. 3 Inventory 60 300$18,000 120 8 Purchase 11 Sale 30 Sale 360 43,200 80 1,00080,000 50 1,00050,000 40,000 60,000 1,000 30,000 44,000 60 1,050 63,000 80 1,0s0 84,000 480 86,400 90 1,050 94,500 100 60 30 100 May 8 Purchase 400 1,000 10 Sale 19 Sale 28 Purchase 440 June 5 Sale 16 Sale 21 Purchase 28 Sale 180 Ch. 6 Homework Show Me How Caloulator Print hem une 30 Goods Sold Quantity Apr 3 Quantity Ueit Cost 18,000 v Apr. 8 120 43,200 00v 120 43,200 v Apr. 11 300 18,000 1,000 Apr. 30 400 V Mey 10 May 19 May 28 100 440 44,000 Show Me How 21 84,400 v 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. Total sales Total cost of goods sold Gross profit from sales 3. Determine the ending inventory cost as of June 30

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