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Blue Spruce Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo

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Blue Spruce Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March Blue Spruce Company uses the periodic inventory system Sales Units Purchases Unit Units Cost 82 $50 49 $60 Selling Price/Unit 49 $90 164 $65 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 57 74 49 $100 $100 $100 33 $70 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March Cost of goods sold $ 17700 line the -76 Using the FIFO assumption calculate the amount charged to cost of goods sold for March Cost of goods sold $ I 17700 Using the weighted average method, calculate the amount assigned to the inventory on hand on March 31. (Round intermediate calculation and final answer to decimal places es. 12.) Ending Inventory Using the LIFO assumption calculate the amount assigned to the inventory on hand on March 31 Ending Inventory $

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