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Assume ShoeFanatic.com began March with 16 units of inventory that cost a total of $272 During March, ShoeFanatic.com purchased and sold goods as follows
Assume ShoeFanatic.com began March with 16 units of inventory that cost a total of $272 During March, ShoeFanatic.com purchased and sold goods as follows (Click the icon to view the purchases and sales.) Under the FIFO inventory costing method and the perpetual inventory system, how much is ShoeFanatic.com's cost of goods sold for the sale on March 147 OA $720 Data table OB. $1.136 OC. $704 Mar. 8 Purchase 48 units $18 OD. $1,440 Mar. 14 Sale 40 units $36 Mar. 22 Purchase 32 units @$20 Mar. 27 Sale 48 units $36 - X
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