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Problem 6-2A Calculate ending inventory,cost of goods sold, sales revenue, and gross profit for four inventory methods (L06-3,6-8) The following information applies to the questions

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Problem 6-2A Calculate ending inventory,cost of goods sold, sales revenue, and gross profit for four inventory methods (L06-3,6-8) The following information applies to the questions displayed below Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory sysem Cost per UnitTotal March 1 Beginning inventory March 5 Sale ($270 each) March 9 Purchase March 17 Sale ($320 each) $185 S 3700 205 2.050 215 15 10 rch 22 Purchase March 27 Sale ($345 each) March 30 Purchase 2150 10,015

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