Cullumber Distribution markets CDs of numerous artists. At the beginning of March, Cullumber had in beginning inventory 2,700 CDs with a unit cost of $6.00. During March, Cullumber made the following purchases of CDs.

March 5 2.200 @ $7.00

March 13. 4.000 @ $8.00

March 21 5.150 @ $9.00

March 26 2.200 @ $10.00

During March 11,700 units were sold. Cullumber uses a periodic inventory system.

Determine the cost of goods sold.

Cost of good available for sale is $?

Calculate weighted average cost per unit. Round answer to 3 decimal places e.g. 5.123)

Weighted-average cost per unit is $?

Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed methods (FIFO,LIFO, and averag cost).

FIFO LIFO AVG Cost

Ending Inventory =

Cost of goods sold =