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Concord Distribution markets CDs of the performing artist Unique. At the beginning of October, Concord had in beginning inventory 2,000 of Unique's CDs with a

Concord Distribution markets CDs of the performing artist Unique. At the beginning of October, Concord had in beginning inventory 2,000 of Unique's CDs with a unit cost of $7. During October, Concord made the following purchases of Unique's CDs Oct. 3 Oct. 9 (a) (b1) 2,500 3,500 (b2) $8 Cost per unit $ $9 During October, 10,800 units were sold. Concord uses a periodic inventory system. Your answer is incorrect. eTextbook and Media Calculate cost per unit. (Round answer to 2 decimal places, eg. 2.25.) Save for Later Last saved 1 day ago. The cost of goods sold Oct. 19 The ending inventory $ Oct. 25 $ 64 3,000 CO $10 4,000 @ $11 FIFO 15 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.) LA LA LIFO Attempts: 1 of 5 used Assistance Used 16A un Submit Answer AVERAGE-COST
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