are.com/courses/10243/assignments/209952?module_item_id393512 Bramble Distribution markets CDs of the performing artist Fishe. At the beginning of October, Bramble had in beginning inventory 2,300 of Fishe's CDs with a unit cost of $6. During October, Bramble made the following purchases of Fishe's CDs. Oct. 3 2,875 @ $7 Oct. 9 4,025 @ $8 Oct. 19 3,450 @ $9 Oct. 25 4,600 @ $10 During October, 12,535 units were sold. Bramble uses a periodic inventory system. Determine the cost of goods available for sale. Cost of goods available for sale $ e Textbook and Media Calculate weighted average cost per unit. (Round answer to 2 decimal places, eg, 2.25.) Weighted average cost per unit $ Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO UFO and average cost). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. (Round answers to decimal places 1.250. Use weighted average unit cost rounded to 2 decimal places for computations) FIFO LIFO AVERAGE-COST The ending inventory $ The cost of goods sold $ e Textbook and Media Which cost flow method results in (1) the highest inventory amount for the balance sheet and (2) the highest cost of goods sold for the income statement? results in the highest inventory amount. $ results in the highest cost of goods sold. $ eTextbook and Media WAS Assessment Player Tool unstructure.com/courses/10243/assignments/209952?module_item_id=393512 X 07 input-Output-Storage Study X + e Textbook and Media Which cost flow method results in (1) the highest inventory amount for the balance sheet and (2) the highest cost of goods sold for the income statement? results in the highest inventory amount. $ results in the highest cost of goods sold, $ e TE Sia FIFO LIFO Average-cost Save for later Attempts: 0 of 15 used Submit Answer Synced to Gradebook Tue Mar 17, 2020, 12-12:34 AM (America/Los Angeles -07:00)