Use the following information to calculate the value of inventory on hand on Mar 31 and cost of goods sold during March in FIFO periodic inventory system and under FIFO perpetual inventory system.

Mar 1 Beginning Inventory 68 units @ $15.00 per unit

5 Purchase 140 units @ $15.50 per unit

9 Sale 94 units @ $19.00 per unit

11 Purchase 40 units @ $16.00 per unit

16 Purchase 78 units @ $16.50 per unit

20 Sale 116 units @ $19.50 per unit

29 Sale 62 units @ $21.00 per unit