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Semone Company uses the periodie inventory method and had the following inventory information available for March: Total Unit Units Cost Cost Beg. Inventory, March 1

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Semone Company uses the periodie inventory method and had the following inventory information available for March: Total Unit Units Cost Cost Beg. Inventory, March 1 Purchases: 500 $ 4,000 $8 March 8 750 6,750 March 19 650 $10 6,500 6,600 $ 23,850 March 25 600 $11 Goods Available for Sale 2,500 It is determined that on March 31, 720 units remain on hand REQUIRED: Determine the Cost of Goods Sold for the month of March and the cost of the Ending Inventory on March 31, assuming that Sermone Company uses the: A. First-in, First-out Costing Method (FIFO) B. Last-in, First-out Costing Method (LIFO) C. Weighted Average Costing Method First-Ia, First-Out Costing (FIFO) Ending Inventory Cost of Goods Sold Unit Total Unit Total Units Cost Cost Units Cost Cost Last-In, First-Out Costing (LIFO) Ending Inventory Cost of Goods Sold Unit Total Unit Total Units Cost Cost Units Cost Cost Weighted Average Costing Ending Inventory Cost of Goods Sold Unit Total Unit Total Units Cost Cost Units Cost Cost

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