View Police Current Attempt in Progress Flounder Company sells many products. Whamo is one of...
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View Police Current Attempt in Progress Flounder Company sells many products. Whamo is one of its popular items Below is an analysis of the inventory purchases of Whamo for the month of March At the end of the month, there were 290 units on hand. Flounder Company uses the periodic inventory system Purchases Units Unit Cost Mar 1 Beginning inventory 270 577 Mar 3 Purchase 230 92 Mar. 10 Purchase 370 99 Mar. 30 Purchase 210 107 Using the FIFO cost formula colate the cost of goods sold for Mac Cost of Roods sold 5 Mar. 1 Beginning inventory 276 $77 Mar 3 Purchase 230 92 Mar 10 Purchase 370 99 Mar 30 Purchase 210 107 Using the FIFO cost formula calculate the cost of oods sold for March Cost of goods sold 5 Using the weighted average cost formula calculate the inventory on hand on March 31, Cost of ending inventory $
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