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Current Attempt in Progress Wildhorse Distribution markets CDs of numerous performing artists. At the beginning of March, Wildhorse had in beginning inventory 2,600CD s with

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Current Attempt in Progress Wildhorse Distribution markets CDs of numerous performing artists. At the beginning of March, Wildhorse had in beginning inventory 2,600CD s with a unit cost of $8.00, During March, Wildhorse made the following purchases of CDs. During March 12,200 units were sold. Wildhorse uses a periodic inventory system. Determine the cost of goods available for sale. Cost of goods avaliable for sale Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.8. 5.125.) Weighted-average cost per unit $ Which cost flow method results in (1) the highest inventory amount for the balance sheet and (2) the highest cost of goods sold for the income statement? (1) produces the highest inventory amount. (2) produces the highest cost of goods sold

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