Periodic Inventory by Three Methods The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as follows: Date Transaction Jan. 1 10 28 30 Feb. 5 10 16 28 Mar. 5 Inventory Purchase Sale Sale Sale Purchase Sale Sale Purchase 14 Sale 25 Purchase 30 Sale Number of Units Per Unit Total 7,500 $75.00 22,500 11,250 85.00 150.00 150.00 3,750 1,500 54,000 27,000 25,500 4,080,000 45,000 4,027,500 30,000 160.00 4,800,000 7,500 675,000 26,250 160.00 4,200,000 150.00 87.50 160.00 160.00 89.50 $562,500 1,912,500 90.00 1,687,500 562,500 225,000 4,725,000 4,320,000

Periodic Inventory by Three Methods The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 , are as follows? 1. Determine the invextory on March 31 and the cost of merchans se sold for the three-month period, using the fint-ih, fint-but method and the periodic inventory syblem the nearest cent and final answers to the nearest dollar