Question: 6-2A PR 6-1A FIFO perpetual inventory Obj. 2, 3 83,125 The beginning inventory at Midnight Supplies and data on purchases and sales for a three-

6-2A

PR 6-1A FIFO perpetual inventory Obj. 2, 3 83,125 The beginning inventory at Midnight Supplies and data on purchases and sales for a three- month period ending March 31 are as follows: Number Per TEMPLATE Date Transaction Jan. 1 Inventory Unit Total 562,500 1,912,500 7,500 75.00 85.00 22,500 11,250 28 Sale 30 Sale 150.00 150.00 150.00 87.50 562,500 225,000 4,725,000 4,320,000 4,080,000 4,027,500 4,800,000 Feb. 5 Sale 1,500 54,000 27,000 25,500 45,000 30,000 7,500 26,250 10 Purchase 16 Sale 28 Sale 160.00 160.00 Mar. 5 Purchase 14 Sale 25 Purchase 30 Sale 160.00 90.00 160.00 4,200,000 Continued)

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