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help please Donna Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of
help please
Donna 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. Donna Company uses the perpetual inventory system. Purchases Sales Units Unit Cost Unite Units Selling Beginning inventory 105 3/1 3/3 $41 $48 Purchase 55 3/4 Sales 3/10 Purchase $50 3/16 Sales 3/19 Sales 3/25 Sales 3/30 Purchase 40 $65 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ e Textbook and Media Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Ending Inventory S Step by Step Solution
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