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Lester Company sells many products. Hackenberry is one of its popular items. Below is an analysis of the inventory purchases and sales of Hackenberry for

  1. Lester Company sells many products. Hackenberry is one of its popular items. Below is an analysis of the inventory purchases and sales of Hackenberry for the month of March. Lester Company uses the periodic inventory system.

PurchasesSales

UnitsUnit CostUnitsSelling Price/Unit

3/1Beginning inventory100$40

3/3Purchase60$50

3/4Sales70$80

3/10Purchase200$55

3/16Sales80$90

3/19Sales60$90

3/25Sales40$90

3/30Purchase40$65

Instructions

(a)Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. (Show computations)

(b)Using the moving average method, calculate the amount assigned to the inventory on hand on March 31. (Show computations)

(c)Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. (Show computations)

(d) Show Cost of goods sold, Closing inventory and Gross profit in separate graphs under each of the methods

please solve this for me

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