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Please do part B Sage Company sells two types of pumps. One is large and is for commercial use. The other is smaller and is

image text in transcribedPlease do part B
Sage Company sells two types of pumps. One is large and is for commercial use. The other is smaller and is used in residential swimming pools. The following inventory data is available for the month of March. Price per Unit Units Total Residential Pumps 81,900 390 460 $225,400 490 $142,100 Inventory at Feb. 28:210 Purchases: March 10 March 20 March 30 490 390 470 $183,300 290 Sales: March 15 March 25 Inventory at March 31: 510 530 $270,300 390 580 $226,200 480 Commercial Pumps Inventory at Feb. 28: 610 790 $481,900 Purchases: March 3 March 12 March 21 610 910 $5ss,100 300 $ 960 $288,000 510 $1,010 $515,100 Sales: March 18 March 29 Inventory at March 31 510 900 $1,090 $981,000 620 $1,150 $713,000 [y] Your answer is correct. Assuming Sage uses a periodic inventory of goods sold for March under first-in, first-out (FIFO) system, determine the cost of inventory on hand at March 31 and the cost Cost of inventory 465001 Cost of goods sold s1726 Attempts: 1 of 15 used Assume Sage uses dollar-value LIFO and one pool, consisting of the combination of residential and commercial pumps. Determine the cost of inventory on hand at March 31 and the cost of goods sold for March. Assume Sage's initial adoption of LIFO is on March 1. Use the double-extension method to determine the appropriate price indices. 1.522 and other answers to O decimal places, e.g. 5,275.) Cost of inventory Cost of goods sold Price index index for February 28/March 1 should be 1.00.) (Round Price Index to 3 decimal places e.g. Attempts: 0 of 15 used

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