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Bonita Distribution markets CDs of the performing artist Unique. At the beginning of October, Bonita had In beginning inventory 2,000 of Unique's CDs with
Bonita Distribution markets CDs of the performing artist Unique. At the beginning of October, Bonita had In beginning inventory 2,000 of Unique's CDs with a unit cost of $7. During October, Bonita made the following purchases of Unique's CDs. Oct. 9 Oct. 3 2,500 @ $8 3,500 @ $9 Oct. 19 3,000 @ $10 Oct. 25 4,000 @ $11 During October, 10,950 units were sold. Bonita uses a periodic inventory system. Your answer is incorrect. Determine the cost of goods available for sale. Cost of goods available for sale $ eTextbook and Media Your answer is incorrect. Calculate cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Cost per unit $ eTextbook and Media Assistance Used * Your answer is incorrect. Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to 0 decimal places, e.g. 1,250.) The ending Inventory The cost of goods sold $ $ FIFO $ LIFO AVERAGE-COS Assistance Used
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