Bridgeport Distribution markets CDs of numerous performing artists. At the beginning of March, Bridgeport had in beginning inventory 2,400 CDs with a unit cost of $6. During March, Bridgeport made the following purchases of CDs. March 5 March 13 3,000 @ $7 4,200 $8 March 21 March 26 5.600 @ $9 2.800 @$10 During March 13.000 units were sold. Bridgeport uses a periodic inventory system. (62) Your answer is partially correct. 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). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. (Round answers to decimal places, e.g. 1,250. Use weighted-average unit cost rounded to 3 decimal places for computations.) FIFO LIFO AVERAGE-COST $ 47800 99600 40944 The ending inventory The cost of goods sold $ 32600 $ 114800 $ 106456 e Textbook and Media Attempts: 1 of 5 used