Use the transactions below to answer the following questions. Round to the nearest cent for per unit cost and the nearest dollar for the totals for COGS, Ending Inventory and Gross Profit.

Date		Quantity	Unit Cost	Sale Price
Mar 1	Beginning Inventory	30	$30
Mar 4	Purchase	40	$28
Mar 8	Sale	35		$54
Mar 15	Purchase	50	$26
Mar 20	Sale	42		$55

Using the FIFO Method for inventory costing calculate the following amounts for the month of March. Enter the amount without dollar signs, commas or decimals, i.e. 123 instead of $123 or 123.00.

Total Cost of Goods Sold for March:

Total Cost of Ending Inventory at the end of March: