Debra Supply Company sells many products. Gizmo is one of its popular items. Below is an...

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Debra Supply Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Debra uses the perpetual inventory system. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 96 $40 3/3 Purchase 56 $50 3/4 Sales 506 $80 3/10 Purchase 227 $55 3/16 Sales 101 $90 3/19 Sales 73 $90 3/25 Sales 63 $90 3/30 Purchase 43 $60 (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. (b) Cost of goods sold Save for Later $ Attempts: 0 of 2 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above. Debra Supply Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Debra uses the perpetual inventory system. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 96 $40 3/3 Purchase 56 $50 3/4 Sales 506 $80 3/10 Purchase 227 $55 3/16 Sales 101 $90 3/19 Sales 73 $90 3/25 Sales 63 $90 3/30 Purchase 43 $60 (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. (b) Cost of goods sold Save for Later $ Attempts: 0 of 2 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above.