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Culver 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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Culver 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. Culver Company uses the periodic inventory system. 01:53:16 Hide Timer Purchases Sales Units Unit Units Selling Price/Unit Cost 3/1 Beginning inventory 90 53 $40 $50 3/3 Purchase 3/4 Sales $90 3/10 Purchase $55 3/16 Sales $100 3/19 Sales $100 3/25 Sales $100 3/30 Purchase 37 $60 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ 01:52:54 Hide Timer Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ Using the weighted average method, calculate the amount assigned to the inventory on hand on March 31. (Round intermediate calculation and final answer to O decimal places, e.g. 12.) Ending Inventory $ Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Ending Inventory $ Save for Later Attempts: 0 of 1 used Submit

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