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Carey Company sells many products. Whamo is one of its popular items. Below is an analysis of the inventory purchases and sales of Whamo the month of March. Carey Company uses the periodic inventory system. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 100 $60 3/3 Purchase 60 $78 3/4 Sales 70 $120 3/10 Purchase 200 $82 3/16 Sales 80 $130 3/19 Sales 60 $130 3/25 Sales 50 $130 3/30 Purchase 40 $90 Instructions (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Purchases Sales Date Description Units Quantity Units Unit Cost Total Cost Date Description 0 Available for Sale 0 0 Ending Balance 0 FIFO Cost of goods available for sale Less: Ending inventory Cost of goods sold 0