Current Attempt in Progress

Mullins Distribution markets CDs of numerous performing artists. At the beginning of March, Mullins had in beginning

inventory $2,500$ CDs with a unit cost of $$6.$ During March, Mullins made the following purchases of CDs$.$

During March, $12,000$ units were sold. Mullins uses a periodic inventory system.

$($a$)$

Y Your answer is correct.

Determine the cost of goods available for sale.

Cost of goods available for sale

eTextbook and Media Your answer is incorrect.

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$).($For calculation purposes, round average cost per unit to $2$ decimal places, e$.$g$.5\mathrm{.}25.$ Round answers to $0$ decimal places, e$.$g$.$

$125.)$

Attempts: $1$ of $10$ usedDetermine $(1)$ the ending inventory and $(2)$ the cost of goods sold under each of the assumed cost flow methods $($FIFO$,$ LIFO, and average$-$cost$).($For calculation purposes, round average cost per unit to $2$ decimal places, e$.$g$.5\mathrm{.}25.$ Round answers to $0$ decimal places, e$.$g$.125.)$