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CALCULATOA PRINTER VERSION 4 BACK NEXT Exercise 208 (Part Level Submission) Sarasota Company sells many products. Gizmo is one of its popular items. Below is
CALCULATOA PRINTER VERSION 4 BACK NEXT Exercise 208 (Part Level Submission) Sarasota 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. Sarasota Company uses the periodic inventory system. Purchases Unit Units Cost 112 $50 64 $60 Sales Selling Price/Unit Units 64 $80 224 $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 72 104 64 $90 $90 $90 48 $70 (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ Click if you would like to show Work for this question: Open Show Work Attempts: 0 of 1 used
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