THE BELOW INVENTORY AND SALES TOOK PLACE FOR THE MONTH OF MARCH 2014 QTY QTY PRICE TOTAL DATE 1-Mar ACTION PURCH COST TOTAL 230 $4.25 2-Mar PURCH 340 $5.20 7-Mar SOLD 350 $20.00 15-Mar PUCH 250 $3.25 20-Mar SOLD 220 $20.00 FIFO LIFO WGT AVG COST TOTAL ENDING INVENTORY UNITS UNITS COST TOTAL UNITS COST TOTAL NDING INVENTOR UNITS COST TOTAL UNITS COST TOTAL UNITS COST TOTAL OST OF GOODS COLD UT THE RESULTS IN THE BELOW TABLE ASSUMING EXPENSES ARE $2300.00 AND TAX RATE IS 21PERCENT WGTANG FIFO LIFO CALES EOGS EM XPENSES IET INCOME AXES (21PERCENT) PERATING PROFIT