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 Inventory 25 $1,200 $30,000 8 Purchase 75 1,240 33,000 Sale 2.000 10,000 30 Sale 30 2,000 60,000 May Purchase 50 1.260 75,600 10 Sale 50 2.000 100,000 19 Sale 20 2,000 40,000 ZO Purchase BO 1.260 100,000 Jures Sale 40 2,250 90,000 16 Sale 2.250 56,250 21 Purchase 35 1,264 44,240 44 2,250 99.000 Required: 1. Record the inventory, purchases, and cost of goods soldata in a perpetont inventory record similar to the one turated in Dit S, wing the weighted average cost method Dunne Co. Schedule of Cost of Goods Sold 1. Record the inventory purchases, and cost of goods sold Gata in a perpetua mentory record similar to the one strated in Exhibits, using the weighted average obbler Dunne Co. Schedule of Cost of Goods Sold Weighted Average Cost Method For the Three Months Ended June 30 Purchases Cost of Goods Sold Inventory Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Total Cost Unit Cost Apra Aco Apr. 11 Apr 30 >) May [May 10 May 19 Sune Sune 16 June 21 Sune 2 - Apr 30 May May 10 May 19 May 20 June 5 Pune 16 June 21 une 26 June 30 Balances 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. Total sales Total cost of goods sold Gross profit 3. Determine the ending inventory cost on June 10