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2 The Dexter Company sells many products. Whamo is one of its popular items. Below is an analysis of the rchases and sales of Whamo

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2 The Dexter Company sells many products. Whamo is one of its popular items. Below is an analysis of the rchases and sales of Whamo for the month of March. Dexter Company uses the periodic inventory system. Problem nl 100 $15 60 S60 1-Mar Beg. Inventory 3-Mar Purchase 70 $120 4-Mar Sales 10-Mar Purchase 16-Mar Sales 19-Mar Sales 25-Mar Sales 200 S82 80 80 50 $130 $130 S130 30-Mar Purchase 40 $90 Instructions: (Show computations) (a) Using FIFO, calculate the ending inventory and the cost of goods sold for March. (b) Using Weighted-average, calculate the ending inventory and the cost of goods sold for March. (c) Using LIFO, calculate the ending inventory and the cost of goods sold for March

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