The following information relates to Good Kitchen Ltd.s inventory transactions during the month of March.

				Units		Cost/Unit		Amount
Mar. 1		Beginning inventory		6,000		$ 17.00		$ 102,000
7		Sale		4,300
12		Purchase		2,800		$ 19.00		$ 53,200
16		Purchase		700		$ 19.00		$ 13,300
18		Sale		2,100
27		Purchase		4,000		$ 24.00		$ 96,000
29		Sale		3,800

All of the units sold were priced at $ 64.00 per unit.

Good Kitchen Ltd. uses the perpetual inventory system. Calculate Good Kitchens cost of goods sold, gross margin, and ending inventory for the month of March using FIFO.

Cost of Goods Sold		$ Enter a dollar amount.
Gross margin		$ Enter a dollar amount.
Ending Inventory		$ Enter a dollar amount.

Good Kitchen Ltd. uses the perpetual inventory system. Calculate Good Kitchens cost of goods sold, gross margin, and ending inventory for the month of March using weighted-average. (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to 0 decimal places, e.g. 61,052.) MUST BE DONE WITH WEIGHTED AVERAGE METHOD NOT FIFO OR LIFO.

Cost of Goods Sold		$ Enter a dollar amount rounded to 0 decimal places.
Gross margin		$ Enter a dollar amount rounded to 0 decimal places.
Ending Inventory		$ Enter a dollar amount rounded to 0 decimal places.