CHAPTER 6 Question One: Army-Navy Surplus began March with 75 tents that cost S16 each. During the month, Army-Navy Surplus made the following purchases at cost: Mar 3 95 tents @ $18=$1,710 17 165 tents@$20 3,300 23 36 tents @$21 756 Determine the cost of goods sold and ending inventory amounts for March under the average cost, FIFO cost, and LIFO cost, they sold 318 and the remaining items are 53