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The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Number of Units Date Transaction Per

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The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Number of Units Date Transaction Per Unit Total Apr. 3 Inventory 90 $450 8 Purchase 180 540 11 Sale 121 1,500 30 Sale 76 1,500 $40,500 97,200 181,500 114,000 90,000 135,000 67,500 99,000 May 8 Purchase 150 600 10 Sale 90 1,500 19 Sale 45 1,500 660 28 Purchase 150 June 5 90 1,575 Sale Salle 16 120 1,575 141,750 189,000 194,400 212,625 21 Purchase 270 720 28 Sale 135 1,575 bune co. Schedule of Cost of Goods Sold LIFO Method For the Three Months Ended June 30 Cost of Goods Sold Quantity Unit Cost Total Cost Purchases Unit Cost Inventory Unit Cost Date Quantity Total Cost Total Cost Quantity Apr. 2 Apr. I Apr. 11 - Apr. 30 - May May 10 May 19 May 19 - May 28 - I - - - --- -- June 5 June 16 June 21 June 2H June 30 Balances orheid 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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