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Concord Distribution 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 Distribution markets CDs of numerous performing artists. At the beginning of March, Concord had in beginning inventory 2,500 CDs with a unit cost of $7. During March, Concord made the following purchases of CDs. March 5 3,125 @ $8 March 21 5,750 @ $10 March 13 4,375 @ $9 March 26 3,000 @ $11 During March 14,000 units were sold. Concord uses a periodic inventory system. (a) Your answer is correct. Determine the cost of goods available for sale. Cost of goods available for sale (b1) eTextbook and Media 172375 Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 2.257.) Weighted-average cost per unit $ LA Attempts: 1 of 3 used
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