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Current Attempt in Progress Sheridan Distribution markets CDs of the performing artist Unique. At the beginning of October, Sheridan had in beginning inventory 2,000
Current Attempt in Progress Sheridan Distribution markets CDs of the performing artist Unique. At the beginning of October, Sheridan had in beginning inventory 2,000 of Unique's CDs with a unit cost of $7. During October, Sheridan made the following purchases of Unique's CDs. Oct. 3 2,500 @ $8 Oct. 19 3,000 @ $10 Oct. 9 3,500 @ $9 Oct. 25 4,000 @ $11 During October, 10,850 units were sold. Sheridan uses a periodic inventory system. (a) Determine the cost of goods available for sale. Cost of goods available for sale eTextbook and Media Save for Later (b1) Calculate cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Cost per unit $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer Attempts: 0 of 5 used Submit Answer
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