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6. Savage Distribution markets CDs of the performing artist Little Sister. At the beginning of October, Savage had in beginning inventory 300 Sister's CDs with

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6. Savage Distribution markets CDs of the performing artist Little Sister. At the beginning of October, Savage had in beginning inventory 300 Sister's CDs with a unit cost of $5 each. During October, Savage made the following purchases of Sister's CDs. Oct. 3 Oct. 9 1,100 @ $6 3,000 @ $7 Oct. 19 Oct. 25 2,500 @ $8 1,400 @ $9 At the end of October 1,800 units were on hand. Savage uses a periodic inventory system. Instructions. You must show your work! (a) Determine the cost of goods sold and the cost of ending inventory using FIFO. Cost of Goods Sold Cost of Ending Inventory (b) Determine the cost of goods sold and the cost of ending inventory using LIFO. Cost of Goods Sold Cost of Ending Inventory (c) Determine the cost of goods sold and the cost of ending inventory using weighted-average-cost. DO NOT ROUND THE WEIGHTED- AVERAGE UNIT COST. Cost of Goods Sold Cost of Ending Inventory

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