UFO Perpetual Inventory 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 8 Inventory Purchase 11 30 May 8 Sale Sale Purchase 60 120 80 50 100 60 30 100 10 Sale $525 630 1,750 1,750 700 1,750 1,750 770 1,840 1,840 340 1,840 $31,500 75,600 140,000 87,500 70,000 105,000 52,500 77,000 110,400 147,200 151,200 165,600 19 Sale Purchase 28 June 5 Sale Sale 80 21 28 Purchase Sale 180 90 Required: 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 uro, if units 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 Dunne Co. Schedule of Cost of Goods Sold LIFO Method For the Three Months Ended June 30 Dunne Co. Schedule of Cost of Goods Sold LIFO Method For the Three Months Ended June 30 Cost of Goods Sold Quantity Unit Cost Purchases Unit Cost Inventory Unit Cost Date Quantity Total Cost Total Cost Quantity Total Cost Apr. 31 Apr. 8 $ 120 LS 630 $ 75,600 Apr. 11 Apr. 30 May 8 May 10 May 19 May 28