Current Attempt in Progress Oriole Distribution markets CDs of the performing artist King James. At the beginning of March, Oriole had in beginning inventory 1,440 King James CDs with a unit cost of 6. During March, Oriole made the following purchases of King James CDs. During March, 9,330 units were sold. Oriole uses a periodic inventory system. Your answer is incorrect. Determine the cost of goods available for sale. The cost of goods available for sale Determine (1) the ending inventory and (2) the cost of goods sold under the two assumed cost flow methods (FIFO and averagecost). (Round average unit cost to 4 decimal places, e.g. 25.1672 and final answers to 0 decimal places, e.g. 2,120.) - Your answer is partially correct. Which cost flow method results in (1) the higher inventory amount for the statement of financial position and (2) the higher cost of goods sold for the income statement? (1) produces the higher inventory amount, (2) produces the higher cost of goods sold, eTextbook and Media Attempts: 2 of 3 used Using multiple attempts will impact your score. 15% score reduction after attempt 2