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Concord Corporation markets CDs of numerous performing artists. At the beginning of March, Concord had in beginning inventory 2,500 CDs with a unit cost of
Concord Corporation markets CDs of numerous performing artists. At the beginning of March, Concord had in beginning inventory 2,500 CDs with a unit cost of $6. During March, Concord made the following purchases of CDs. March 5 2,200 @ $7 March 21 5,200 @ $9 March 13 3,900 @ $8 March 26 2,200 @ $10 During March 12,200 units were sold. Concord uses a periodic inventory system. Your answer is incorrect. Determine the cost of goods available for sale. The cost of goods available for sale $ Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average Cost $
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