Weighted Average Cost Method with Perpetual Inventory The beginning inventory for Dunne Co. and data on purchases and sales for a three-month period are as follows: Number Date Transaction of Units Per Unit Total Apr. 3 Inventory $1,200 25 $30,000 1,240 93,000 8 Purchase 75 80,000 2,000 11 Sale 40 30 Sale 30 60,000 2,000 75,600 May 8 Purchase 60 1,260 10 Sale 50 2,000 100,000 40,000 19 Sale 20 2,000 28 Purchase 80 1,260 100,800 90,000 June 5 Sale 40 2,250 56,250 16 Sale 25 2,250 1,264 44,240 21 Purchase 35 99,000 28 Sale 44 2,250 Required: 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the one illustrated in Exhibit 6, using the weighted average cost method