Find the ending inventory and gross profit rate using LIFO and FIFO

Current Attempt in Progress 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 Purchases Sales Units Unit Cost Units Selling Price/Unit Beginning inventory $50 Purchase 72 3/1 128 3/3 72 5 60 3/4 Sales $ 90 3/10 Purchase 256 $65 3/16 Sales $ 100 3/19 Sales 120 5 100 3/25 Sales 72 $ 100 3/30 Purchase 56 $70 (b) b Your answer is incorrect 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, s. 12) Ending Inventory $ e Textbook and Media Sintor Later Last saved 8 seconds ago Saved work will be auto submitted on the due date, Auto Submission can take up to 10 minutes Attempts: 1 of 7 used Sobirit Answer Question Part Score 0/2.1