inventory assignment

Acme Group 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. Acme Group uses a perpetual inventory system. Instructions (a) Using the FIFO assumption, calculate the amount charged to the cost of goods sold for March. (Show computations) (b) Using the FIFO assumption, calculate the amount assigned to 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 and use three decimal places for unit costs)