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The beginning Inventory at Dunne Condoson purchase and for a three month period are as follows: Number of Units Date Transaction Apr 1 Inventory Purch

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The beginning Inventory at Dunne Condoson purchase and for a three month period are as follows: Number of Units Date Transaction Apr 1 Inventory Purch 11 19 Sale LO Purcha 10 Sale 36 Per Unit Total 600 131.600 51,040 2,000 10.000 2,000 60,000 100 48.000 2,000 72.000 2.000 1.000 100 52.000 2.100 75.600 2100 100.000 30 101.6 2.100 111.400 21 Purch June 15 Sale Sa 30 43 54 Required: 1. Record the entry canto ao soi data perpetual inventory recordar to the one strated in humang thai tout method under LO. unitate the the HIGHER nicotin the out of Good Son Required: 1. Hecord the inventory purchase and out of goods soldata in a perpetual inventory record similar to the one strated in Exhibiting the last in, first-out method. Under uro, units are in Inventory at two different contenter the units with the HIGHER unit cost hirot in the cost of Goods Sold Unit Cost column and LOWER unit cost first in the inventory Unit Cost column Dunne Co. Schedule of Cost of Goods Sold LIFO Method For the Three Months Ended June 30 Purchases Cost of Goods Sold Inventory Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Apr. 5 Apr 11 A30 Apt. At 11 Ape 10 - Hy - - May 10 10 May 19 Moyo -- - I - - Sune 5 June 16 June 21 June 28 June 30 Balances 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 on June 30 5 Check My Work Prague Net

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