Show Me How FIFO al erchandise at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as follows Number Date Transaction of Units Per Unit Total $375 $20,250 48,600 1,250 90,000 56,250 45,000 67,500 33,750 49,500 1,31571,010 8 Purchase 11 Sale 30 Sale 10 Sale 1,250 1,250 28 Purchase 16 Sale 21 Purchase 60097,200 81 Required: method. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Merchandise Sold Unit Cost column and in the Inventory Unit Cost column 1. Record the inventory, purchases, and cost of merchandise sold deta in a perpetual inventory record simdar to the one ilustrated in Exhibit 3, using the frst-in, frs-out Dunne Co. Schedule of Cost of Merchandise Sold Next