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1111eIIL CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 185 a-c (Part Level Submission) Lester Company sells many products. Hackenberry is one of its popular

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1111eIIL CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 185 a-c (Part Level Submission) Lester Company sells many products. Hackenberry is one of its popular items. Below is an analysis of the inventory purchases and sales of Hackenberry for the month of March. Lester Company uses the periodic inventory system. Sales Units Selling Purchases Units Unit Cost 100 $40 60 Price/Unit $50 $80 200 $55 3/1 3/3 3/4 3/10 3/16 3/19 3/25 3/30 Beginning inventory Purchase Sales Purchase Sales Sales Sales Purchase $90 $90 $90 40 $65 (a) ZYour answer has been saved and sent for grading. See Gradebook for score details. Using the FIFO assumption, calculate the amount charged to cost of goods sold for March Cost of goods sold 1 1950 Version 4.24.19.4 Attempts: 1 of 1 used (b) Using the weighted average method, calculate the amount assigned to the inventory on hand on March 31. Ending Inventory $ Click if you would like to Show Work for this question: Open Show Work

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