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Current Attempt in Progress At the beginning of its aperationi hi March 2020, Mastiff Supglies...

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Accounting

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Current Attempt in Progress At the beginning of its aperationi hi March 2020, Mastiff Supglies Ltd betidan with 6,780 units of inventery that it purchined at o cost of 56.70 cach. The compary's purchaves during March were as folliws: Mastiff Supplies useria perpetual imventory system. Calcubate the cost of moods sold for March using the weighted -aversge cost formulas iround calculations for cost per unit to 5 decimal places, es, 10.5219 and final answer to 0 decimal ploces, es. 61.052 Galculate the cost of goods sold for March ising the ferst-in, frst wout cost tormula Fost af goods sold eTextbook and Media Which of the two inventory cost formulas renults in the greater gross margin for March? cost formula results in a greater gross margin for Mtarch. Which of the two inventory cost formulas results in the larger inventory balance at the end of March? (Rounf aaiadationt for cist per unit to 4 docimal pleces ese. 10.5219 ond find answers to 0 dedmsal places, es 61,0521 The costformula results in a barger inventocy balance at the end of March

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