Grayson 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. Grayson Company uses the perpetual inventory system. Units Purchases Unit Cost Sales Units Selling Price/Unit 3/1 Beginning inventory 100 $55 3/3 Purchase 60 $60 3/4 Sales 60 60 $120 3/10 Purchase 200 $65 3/16 Sales 90 3/19 Sales 70 3/25 Sales 828 $130 $130 50 $130 3/30 Purchase 40 40 $75 Instructions (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. (Show computations) (b) Using the FIFO assumption, calculate the value of ending inventory for March. (c) Using the moving average cost method, calculate the amount assigned to the inventory on hand on March 31. (Show computations) (d) Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. (Show computations) (e) Using the LIFO assumption, calculate the amount charged to cost of goods sold for March. (Show computations)