FIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as follows: Number Transaction of Units Total Date Per Unit 54 Apr. 3 Inventory 54 $225 $12,150 8 Purchase 108 270 29,160 11 Sale 72 750 54,000 30 Sale 45 750 33,750 May 8 Purchase 90 300 27,000 10 Sale 750 40,500 19 Sale 27 750 20,250 28 Purchase 90 330 29,700 June 5 Sale 54 790 42,660 16 Sale 72 790 56,880 21 Purchase 162 360 58,320 28 Sale 81 790 63,990 Required: 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using the first-in, first-out method. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Goods Sold Unit Cost column and in the Inventory Unit Cost column. W9 Required: econd the investory has to enhance to try to the front of the Profit enter the unds with the LOW content of Good Controllo Dunn ca. Schedule of Cast of Good Sold FIFO Method For the Three Manthanded June 30 Purchases Confede sold Inventory Date Quantity Unit Cart Total Cout Quantity Unit Coul Total Com Unit Cout Total Cout Ape Ap Apr 11 Apr 30 Hayo May 10 May 19 es May 19 May 28 Il Nunes June 16 une June 30 2. Determine the town the cost of other the rest Record Record Dette entory.com Om Check My Wor