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The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 80 10 $800 2-May Purchase 75 11

The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 80 10 $800 2-May Purchase 75 11 $825 3-May Purchase 85 16 $1,360 10-May Sale 95 $35 15-May Purchase 45 17 $765 17-May Sale 50 $35 30-May Sale 105 $35. Create a perpetual inventory record

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