BUSN 2100 Chapter 5 PowerPoin X Written Assignment 1.docx.pdf X Problem 5-3A Singh Distributing X + File C:/Users/manee/Downloads/Written%20Assignment%201.docx.pdf Written Assignment 1.docx.pdf 2 / 5 100% + Problem 2 A-1 Inc. company sells a single product and had the following beginning inventory, purchases, and sales during March. Number of units Price per unit Beginning Inventory 20 $6 March 6 Purchase 40 $8 8 Purchase 50 $7 10 Sale 45 $12 12 Sale 35 $12 30 Purchase 25 $9 1 Calculate the cost of goods sold and the value of ending inventory under each assumption below: (1) The company uses the FIFO method (2) The company uses the weighted average basis. (Round average cost per unit to 2 decimals.) 2 3 Type here to search o E 8C ENG 2:39 AM 2021-11-08