Susan Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Susan Company uses the perpetual inventory system. Purchases Sales Unit Selling Units Units Cost Price/Unit 3/1 Beginning inventory 95 $38 3/3 Purchase 55 $48 3/4 Sales 65 $75 3/10 Purchase 200 $50 3/16 Sales 3/19 Sales 3/25 Sales 85 75 55 $95 $90 $85 3/30 Purchase 40 00 $55 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ eTextbook and Media eTextbook Your answer is incorrect. Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31. Ending Inventory $ Assistance Used