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will always give a thumbs up! :) thanks LIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a

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LIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period are as follows: Date Transaction Apr. 3 Inventory 8 Purchase 11 Sale 30 Sale May 8 Purchase 10 Sale Sale Number of Units Per Unit Total 36 $ 375 $ 13,500 72 450 32,400 48 1,250 60,000 30 1,250 37,500 60 500 30,000 36 1,250 45,000 18 1,250 22,500 60 550 33,000 36 1,315 47,340 48 1,315 63,120 108 600 64,800 54 1,315 71,010 19 28 Purchase June 5 Sale 16 Sale 21 Purchase 28 Sale 16 Se 21 PM 150 21 ale 54 1,315 71010 1. Record the inver, and cost of goods and record to the use the latest methos den story at two different with costs ont LOWER in the Team Dunne Schedule of cost of Good Sold LO Method For the Three Mont Ended June 19 Purchase Cost of Good Sold Tnventory Date Quantity Unit Cat Total Cost Unit Cor Total Cost Unico Total Coat 5 A. 11 Apr 30 10 Hwy 12 UFO Method For the Three Months Ended June 30 Cost of Goods Sold Purchase Inventory Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Apr. 2 Sore Ror. 11 Ar. 30 May I Hay 10 May 20 - - I June June 16 I May 30 May 20 1 I nes - June 16 une 21 - Dne 28 30 Balance 2. Determine the totales, 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 itventsry east Sune 30

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