Coronado Company sells two types of pumps. One is large and is for commercial use. The other is smaller and is used in residential swimming pools. The following inventory data is available for the month of March.

			Units		Price per Unit					Total
Residential Pumps
	Inventory at Feb. 28:		360			$	300			$	108,000
Purchases:
	March 10		900			$	450			$	405,000
	March 20		720			$	475			$	342,000
	March 30		540			$	500			$	270,000
Sales:
	March 15		900			$	540			$	486,000
	March 25		720			$	570			$	410,400
	Inventory at March 31:		900
Commercial Pumps
	Inventory at Feb. 28:		1,080			$	800			$	864,000
Purchases:
	March 3		1,080			$	900			$	972,000
	March 12		540			$	950			$	513,000
	March 21		900			$	1,000			$	900,000
Sales:
	March 18		1,620			$	1,080			$	1,749,600
	March 29		1,080			$	1,140			$	1,231,200
	Inventory at March 31:		900

Assuming Coronado uses a periodic inventory system, determine the cost of inventory on hand at March 31 and the cost of goods sold for March under first-in, first-out (FIFO).

Cost of inventory		? $
Cost of goods sold		? $

Assume Coronado uses dollar-value LIFO and one pool, consisting of the combination of residential and commercial pumps. Determine the cost of inventory on hand at March 31 and the cost of goods sold for March. Assume Coronados initial adoption of LIFO is on March 1. Use the double-extension method to determine the appropriate price indices. (Hint: The price index for February 28/March 1 should be 1.00.) (Round Price Index to 3 decimal places e.g. 1.522 and other answers to 0 decimal places, e.g. 5,275.)

Cost of inventory		? $
Cost of goods sold		? $
Price index		?