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Flounder Company sells many products. Whamo is one of its popular items. Below is an analysis of the inventory purchases of Whamo for the month

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Flounder Company sells many products. Whamo is one of its popular items. Below is an analysis of the inventory purchases of Whamo for the month of March. At the end of the month there were 290 units on hand Flounder Company uses the perlodic Inventory system Purchases Units Unit Cost Mar. 1 Beginning inventory 270 $77 Mar 3 Purchase 230 92 Mar. 10 Purchase 370 99 Mar 30 Purchase 210 107 Using the FIFO cost formula, calculate the cost of goods sold for March Cost of goods sold Using the welighted average cost formula calculate the inventory on hand on March 31 Cost of ending Inventory Attemnots of tused Sut. Ano

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