Poste Word File Edit View Insert Format Tools Table Window Help Calibri (Bo... v 11 A A Aa Po v BIU ab x ADV A Page 2 of 4 506 words Chapter 6 Perpetual STUDENT (14ed) (1) - Compatibility Mode albCcDdEe AaBbCcDdE: AaBbCcD AaBbCcDdE AaBb AaBbCcDeLe Normal Ne Spacing Heading Hacing 2 Title Subtitle Perpetual Inventory( LIFO) The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as follows: Date Transaction Number of Per Units Unit Total Jan. 1 10 Inventory Purchase 7,500 $75.00 $ 562,500 22,500 85.00 1,912,500 28 Sale 30 Sale 11.250 3,750 150.00 562,500 150.00 1,687,500 Feb. 5 Sale 1,500 150.00 225,000 10 Purchase 54,000 87.50 4,725,000 16 Sale 27,000 160.00 1,320,000 28 Sale 25,500 160.00 4,080,000 Mar. 5 Purchase 45,000 89.50 4,027,500 14 Sale 30,000 160.00 4,800,000 25 Purchase 7,500 90.00 675,000 30 Sale 26,250 160.00 4,200,000 Beg. Inventory S Net Purchases GAFS End Inventory COGS Net Sales COGS Gross Profit English (United States! Accessibility: Investigate > Wed Mar 9 4:44 PM Styles Pare Dictate Editor 104% Focus