17 Part 1 of 416 paints [The following information applies to the questions displayed below] Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March Greg's Bicycle Shop uses a periodic inventory system. Transactio Beginning inventory Purchase Date March 1 Unite 20 Unit Cost 5365 Total Cost $3,300 March 5 Sale (5230 each) 15 March 9 10 185 1,850 March 17 Sale (520) March 22 Purchase 10 195 1,950 March 27 eBook March 30 sale (305 each) Purchase 12 219 50,005 P Reference 18 Part 2 of 7 4.16 points For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. Required: 1. Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. Ending inventory Cost of goods sold Required information [The following information applies to the questions displayed below.] Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Transactions Data Units Unit Cost Total Cost March 1 Beginning inventory 20 $165 $3,300 March 5 Sale (5230 each) 15 Beck March Purchase 10 185 1,850 March 17 Sale ($280 each) Print March 22 Purchase 10 195 1,950 References March 27 March 30 Sale ($305 each) Parchase 12 215 38,605 20 19 For the specific identification method, the March 5 sale consists of bikes from beginning Inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning Inventory and eight bikes from the March 22 purchase. 2. Using FIFO, calculate ending inventory and cost of goods sold at March 31. Ending inventory Cost of goods sold The towing applies to the top do sucked at March 34. found your intermediate and final Part 3 of Required information [The following information applies to the questions displayed below] Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Transactions 416 points Units Unit Cost Total Cost March 1 March 5 arch Narch 17 Barch 22 Beginning inventory 20 $3,300 Sale (5230 each) 15 10 185 1,850 Sale (5200 each) P 10 195 1,950 P March 27 March 30 Sale $305 each) 13 1,505 Ref 38,605 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning Inventory and eight bikes from the March 22 purchase. 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31 Ending inventory Cost of goods sold