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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 March Woodson Company uses the perpetual inventory system Purchases Sales Units Unit Selling Cost Units Price/Unit 3/1 Beginning inventory 100 $40 3/3 Purchase 60 $50 3/4 Sales 60 $80 3/10 Purchase 200 $55 3/16 Sales 90 $90 3/19 Sales 70 $90 Sales $90 3/30 Purchase 40 560 50 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. Cost of goods sold $ Save for Later Attempts: 0 of 1 used Suk

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