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Question 11 of 12 -/25 Current Attemptin Progress Sheridan Company uses the perpetual inventory system...

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Question 11 of 12 -/25 Current Attemptin Progress Sheridan Company uses the perpetual inventory system and had the following purchases and sales during March Purchases Sales Unit Cost Units Units Selling Price/Unit 3/1 Beginning inventory 124 540 313 Purchase 84 $50 3/4 Sales 94 $80 3/10 Purchase 224 $ 55 3/16 Sales 104 390 3/19 Purchase 64 $60 3/25 Sales 144 $90 Using the inventory and sales data above calculate the value assigned to cost of goods sold in March and to the endir inventory at March 31 using FIFO and LIFO. FIFO LIFO Cose of goods sold $ Ending inventory 5 $

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