The beginning inventory of merchandise at Rhodes and data on purchases and sales for the month period ending Jane 30 are as follows: Number Transaction of Units Date Per Unit Total . . 40 S520 525,00 Inventory Purchase B 120 690 82,800 11 Sale 60 1,120 67,200 30 Sale 50 1,120 55,000 May Purchase 100 200 20,000 10 BO 80,600 19 Sala 30 1,120 33,500 84,840 120 202 Jun 5 Sale 60 1,250 75,500 50,400 16 1,260 712 21 180 190 128,160 220,400 1,260 Required: 1. Record the dry purchase and cost of mardandi sad data in a parlatory record similar to the one strated in Exhibits, using the weighted average cost method. Rhodes Co. Perpetual Inventory Account Weighted Average Cost Method For the three months ended June 30 Purchase Cost of Merchandise Sold Inventory Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Ar. B Ar. 30 May May 10 May 19 May 2 Lune 2. Domine the total sales, the total cost of merchandise sold, and the gross profit from sales for the period. Total sales Total cost of merchandise sold Gross profit from sales 3. Determine the ending inventory cost on 30