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CURSU) estion 2 --/1 Policies rent Attempt in Progress Bridgeport Company sells many products. Gizmo is one of its popular items. Below is an analysis
CURSU) estion 2 --/1 Policies rent Attempt in Progress Bridgeport 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. Bridgeport Company uses the perpetual inventory system. Purchases Sales Units Units Selling Price/Unit Unit Cost $55 $60 3/1 Beginning inventory 90 54 3/3 Purchase 54 $120 Sales 3/10 Purchase 180 $65 $130 3/16 Sales $130 3/19 Sales $130 3/25 Sales 3/30 Purchase Using the FIFO assumption, calculate the amount charged to cost of goods sold for March Cost of goods sold $ Rount assigned to the inventory eTextbook and Media Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Amount assigned to the inventory $ eTextbook and Media Using the LIFO assumption, calculate the amount charged to cost of goods sold for March Cost of goods sold $ eTextbook and Media Attempts of 3 used Save for Later Synced to Gradebook 1 12020 103:04 PM America/Los Angeles 0700 W Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ eTextbook and Media Using the FIFO assumption, calculate the value of ending inventory for March. Ending Inventory $ e Textbook and Media Using the moving average cost method, calculate the amount assigned to the inventory on hand on March 31. (Round average cost per unit to 3 decimal places, s. 5.254 and final answer to 2 decimal places, e-.2.520.56.) Amount assigned to the inventory e Textbook and Media Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31
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