Remaining Time: 1 hour, 55 minutes, 19 seconds. Question Completion Status: NET UE E. 2,640 Sales Discounts Allowance for Sales Discounts 2,640 QUESTION 18 March 1, a company had beginning inventory with a cost $50,000 during the month of March they purchased $225,000. The company also paid shipping costs of $2,900. During the month of March the company incurred selling expenses of $10,000. The ending inventory at the end of March was $65,500. Calculate the amount of cost of goods sold for the month of March? QUESTION 19 Which of the following is not included in the cost of merchandise inventory? A Price of the mechandise B. Shipping costs paid by the buyer Insurance D. Shipping costs paid by the seller E. All of the items listed are included QUESTION 20 Which of the cours is used in the periodic inventory system but not used in the perpetual inventory system? Click Save SHAH Chick San Antosce all answers