Question: units unit sold unit unit March 1 200 @ $ 53.00 = Balance $ 10,600.00 March 5 275 @ $ 58.00 200 @ 275 @

units unit sold unit unit March 1 200 @ $ 53.00 = Balance $ 10,600.00 March 5 275 @ $ 58.00 200 @ 275 @ $ 53.00 = $ 10,600.00 $ 58.00 = 15,950.00 $ 26,550.00 March 9 March 18 March 25 March 29 Gross Margin Sales Less: Cost of goods sold Gross profit 200 @ 275 @ $ 53.00 = $ 10,600.00 @ $ 53.00 $58.00 = 15,950.00 @ $ 58.00 $ 26,550.00 FIFO LIFO Avg. Cost Spec. ID

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