Question: 2018 Timer View Policies Current Attempt in Progress Flounder Company sells many products. Glem perpetual inventory system is one of its popular items. Below is

2018 Timer View Policies Current Attempt in Progress Flounder Company sells many products. Glem perpetual inventory system is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March Founder Company uses the Purchases Sales Units Units Unit Cost Units Selling Price/Unit Beginning inventory 140 555 3/1 3/3 3/4 Purchase 84 $60 Sales 84 $120 3/10 Purchase 3/16 Sales $130 $130 3/19 Sales $130 3/25 3/30 Sales Purchase 56 $75 Sales 70 $130 3/25 3/30 Purchase 56 $75 (d) Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Amount assigned to the inventory $ Save for Later The parts of this question must be completed in order. This part will be available when you complete the part al
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