Mabel Company uses the FIFO cost method to account for inventory and has the following activity during the month of March, 2017.
Units Unit cost
Beginning inventory 350 $15.00
Purchase #1 650 $12.00
Purchase #2 250 $10.00
During March, Mabel sold 850 units. Compute the cost of goods sold for March and the COST OF the ending inventory balance at March 31, 2017.