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

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Concord 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. Concord Company uses the periodic inventory system. Sales Purchases Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 128 $50 3/3 Purchase 72 $co 3/4 Sales 72 $ 90 3/10 Purchase 256 $65 3/16 Sales 80 3/19 Sales 120 $ 100 $ 100 $ 100 3/25 Sales 72 3/30 Purchase 56 $70 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 $

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