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Bramble 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. Bramble company uses the periodic inventory system.

Using FIFO ASsumption calculate the amount charged to cost of goods sold for March.

Using the weighted- average method calculate the amount assigned to the Inventory on hand on March 21.

Using LIFO ASsumption calculate the amount charged to cost of goods sold for March.

Question 3 View Polides Current Attempt in Progress Bramble company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Garmo for the month of March. Bramble Company uses the periodic inventory system Purchases Sales Unit Cost Units Selling Price/Unit $50 560 3/10 Beginning inventory Purchase Sales Purchase Sales Sales 3/16 Sales 3/25 3/20 Purchase 54 $70 Using the FIFO assumption calculate the amount charped to cost of goods sold for Mardi Cost of poods sold 5 2000 the weh e rage method calculate the amount assigned to the rivertory on hand on March 31. Round Intermediate collation and finanswer to decimal places. 12) Ending Inventory U p on the amount signed to the inventory on hand on March 31

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