E) Using LIFO assuption calculate the Amount Chargered of COGS for March

COGGS=

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 Unit Cost Units Selling Price/Unit 3/1 300 $55 3/3 180 $60 3/4 Beginning inventory Purchase Sales Purchase Sales 180 $120 600 $65 3/10 3/16 3/19 $130 270 210 Sales $130 $130 3/25 Sales 150 3/30 Purchase 120 $75 (d) Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Amount assigned to the inventory $