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Woodson Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for

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Woodson Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of Mar y uses the perpetual inventory system. Purchases Unit units Cost Selling Price/Unit Units 3/1 Beginning inventory 100 3/3 Purchase 3/4 Sales 3/10 Purchase 3/16 Sales 3/19 Sales 3/25 Sales 3/30 Purchase $40 $80 $90 60 $90 40 $60 Study Your answer is correct. Using the FIFO assumption, calculate the amount charged to cost of goods sold for March Cost of goods soid Click if you would like to S 13,600 Open Show Work for this

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