Mary 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. Mary Company uses the perpetual inventory system. 3/1 3/3 (a) 3/4 3/10 3/16 3/25 3/30 Beginning inventory Purchase Sales 3/19 Sales Purchase Sales Sales Purchase Purchases Cost of goods sold $ Units 95 55 205 35 Unit Cost $38 $51 $55 $55 Sales Units 55 85 70 60 Selling Price/Unit $85 $90 $95 $90 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March.

Mary 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. Mary Company uses the perpetual inventory system. (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold