1 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March.

Cost of goods sold:

2: Using the weighted-average method, calculate the amount assigned to the inventory on hand on March 31.(Round intermediate calculation and final answer to 0 decimal places, e.g. 12.)

Ending Inventory:

3: Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31.

Ending Inventory:

: , U Hassessmenteducation.wiley.com 0 VI] l5] m NWP Assessment Player UI Application ( ACCT 221 Exam #2 wlt C Question 22 of 24 - / 15 E View Policies Current Attempt in Progress Blue Spruce 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. Blue Spruce Company uses the periodic inventory system. Purchases Sales Units 32;: 3:32th 3/1 Beginning inventory 82 $50 3/3 Purchase 49 $60 3/4 Sales 49 $90 3/10 Purchase 164 $65 3/16 Sales 57 $100 3/19 Sales 74 $100 3/25 Sales 49 $100 3/ 30 Purchase 33 $70 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ eTextbook and Media