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Bonita Distribution makets CDs of the performing artist Unique. At the beginnine of October, Bonita had in beginnine During October, 10,950 units were sold. Bonita

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Bonita Distribution makets CDs of the performing artist Unique. At the beginnine of October, Bonita had in beginnine During October, 10,950 units were sold. Bonita uses a pericdic inventory system. (a) : Your antwer is correct. Determine the cost of goods avallable for sale. Calculate cost per unit. (Round answer to 2 decimal places, es. 2.25.) Costperunit s Assistance Used Attempts: 1 of 3 tised (b2) Determine (1) the ending inventory and (2) the cost of goods sold under esch of the assumed cost flow methods (FIFO, UFO, and average-cost), (Round answers to 0 decimal places, es. 1,250.) Determine (1) the ending inventory and (2) the cost of goods sold under each or the assumed cost flow methods (FIFU, LIF U, and average-cost). (Round answers to 0 decimal places, e.s. 1,250.) eTextbook and Media Attempts: 1 of 3 used (c) 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? (1) produces the highest inventory amount, $ (2) produces the highest cost of goods sold, $ Determine (1) the ending inventory and (2) the cost of goods sold under each or the assumed cost flow methods (FIFU, LIF U, and average-cost). (Round answers to 0 decimal places, e.s. 1,250.) eTextbook and Media Attempts: 1 of 3 used (c) 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? (1) produces the highest inventory amount, $ (2) produces the highest cost of goods sold, $

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