ABC Company employs a periodic inventory system and reported the following inventory information for the...
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ABC Company employs a periodic inventory system and reported the following inventory information for the month of March: March 1 Beginning inventory 3,600 units @ $14 cost per unit March 14 Purchased 2,800 units @$11 cost per unit March 19 Purchased 4,100 units e$19 cost per unit March 22 Purchased 2,200 units e $6 cost per unit March 29 Purchased 3,300 units e $13 cost per unit: Using the weighted average method, ABC Company's cost of goods sold for March totaled $101,144. Calculate the dollar amount of ending inventory shown on ABC Company's March 31 balance sheet using the FIFO method
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