Mes New Ro 12 B Open in Desktop App Tell me what you want to do A A IU or Ar A Q3 (30 marks) Blue Ink Ltd. sells many products Hoot is one of its popular items. Below is an malysis of the inventory purchases and sales of Hoot for the month of March Blue Ink Laduses the perpetual inventory system Purchases Sales Units Unit CostUnits Selling Price Unit Mar Beginning inventory 600540 3Purchase 10060 4Sales190580 10Purchase10066 T 16Sales275120 19Sales220120 25Sales 75120 30Purchase 46073 Page 5 of 7 928 words English (US) Type here to search ORA 7 E ING hp Instructions (a)Using the FIFO cost method, calculate the cost of goods sold for March Show calculations. (b)Using the average cost method, calculate the ending inventory at March 31. Show calculations and use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your