The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows:

Date		Transaction	Number of Units		Per Unit		Total
Apr. 3		Inventory	90		$300		$27,000
8		Purchase	180		360		64,800
11		Sale	121		1,000		121,000
30		Sale	76		1,000		76,000
May 8		Purchase	150		400		60,000
10		Sale	90		1,000		90,000
19		Sale	45		1,000		45,000
28		Purchase	150		440		66,000
June 5		Sale	90		1,050		94,500
16		Sale	120		1,050		126,000
21		Purchase	270		480		129,600
28		Sale	135		1,050		141,750

1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using the last-in, first-out method. Under LIFO, if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column.

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.