# Calculate the cost of Goods Sold and the Ending Inventory for Conner Corporation, which entered into...

###### Question:

Calculate the cost of Goods Sold and the Ending Inventory for Conner Corporation, which entered into the following purchases and sales transactions for March. Use FIFO: March 1 - Beginning Inventory 100 units @ $50 per unit March 5 - Purchased 400 units @ 55 per unit March 9 - Sales 420 @ a sale price of$85 (Show all work)

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