canbe CH6 - HW1 X *[Solved] Inventory Costing Methe X + X -> C mybusinesscourse.com/platform/mod/quiz/attempt.php?attempt=5563953&cmid=317104&page=1 * L BusinessCourse Return to course @Support My Subscriptions 9 Lauren Hassen Question 2 Not changed since last attempt Marked out of 1.00 Flag question Inventory Costing Methods-Periodic Method Spanner Company is a retailer that uses the periodic inventory system. March 1 Beginning inventory 100 units of Product M @ $1,590 total cost 6 Purchased 200 units of Product M @ $3,600 total cost 10 Purchased 125 units of Product M @ $3,000 total cost 15 Sold 200 units of Product M @ $6,000 total sale Calculate the March cost of goods sold and the ending inventory at March 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Do not round until your final answers. Round your final answers to the nearest dollar. A. First-in, first-out Ending Inventory $ 0 Cost of Goods Sold $ B. Last-in, first-out Ending Inventory $ 735,000 Cost of Goods Sold $ 519,000 C. Weighted-average cost Ending Inventory $ 0 Cost of Goods Sold $ 0 Check Type here to search 99%) 4 8:02 PM 75OF Clear x DG 10/10/2021 E