Question: CALCULATOR PRINTER VERSION BACK NEXT Exercise 203 Norris Company uses the perpetual Inventory system and had the following purchases and sales during March Purchases Units

 CALCULATOR PRINTER VERSION BACK NEXT Exercise 203 Norris Company uses the

CALCULATOR PRINTER VERSION BACK NEXT Exercise 203 Norris Company uses the perpetual Inventory system and had the following purchases and sales during March Purchases Units Units Unit Cost $40 Sales Selling Price/Unit 31/1 100 60 $80 3/3 3/4 3/10 3/16 3/19 Beginning inventory Purchase Sales Purchase Sales Purchase Sales 200 $90 3/25 590 Using the inventory and sales data above, calculate the value assigned to cost of goods sold in March and to the ending inventory at March 31 using FIFO and LIFO. FIFO LIFE Cost of goods sold Ending inventory Click If you would like to Show Work for this question: Coen Show Work LINK TO TEXT

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