9-18-18 Carey Company sells many products. Whamo is one of its popular items. Below is an analysis of the inventory purchases and sales of Whamo for the month of March.. Selling Price/Unit $120 $130 Unit Cost $60 $78 Units Units 100 60 3/1 Beginning inventory 3/3 Purchase 3/4 Sales 3/10 Purchase 3/16 Sales 3/19 Sales 3/25 Sales 3/30 Purchase 70 200 $82 80 60 50 $130 $130 40 $90 Instructions (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold and the amount of ending inventory for March.assuming th company uses the periodic inventory (b) Using the FIFO assumption, calculate the amount charged to cost of goods and the amount of ending inventory for March assuming the Company uses the perpetal system inventory system (c )Using the weighted average method, calculate the amount assigned to the inventory on hand on March 31. (Show computations) (c) Prepare comparative journal entries for both periodic and perpetual inventory system by using this format. (Assume FIFO method is used)D Perpetual Periodic Date Transactions Journal Enties Debit Credit lournal entries Debit Credit