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

Crane Distribution markets CDs of the performing artist Unique. At the beginning of October, Crane had in beginning inventory 2,000 of Uniques CDs with a unit cost of $5. During October, Crane made the following purchases of Uniques CDs.

Oct. 3

2,500 @ $6

Oct. 19

3,000 @ $8

Oct. 9

3,500 @ $7

Oct. 25

4,000 @ $9

During October, 10,900 units were sold. Crane uses a periodic inventory system.

(a)

Determine the cost of goods available for sale.

Cost of goods available for sale

$enter the cost of goods available for sale in dollars

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