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)

Marin Inc. markets cDs of numerous performing artists. At the beginning of March, Marin Inc. had in beginning inventory 2,390 CDs with a unit cost of $8. During March, Marin Inc. made the following purchases of CDs. March S2,110 $9March 21 5,000 $11 March 13 3,360 $10 Mrch 26 1,970 $12 During March 11,310 units were sold. Marin Inc, uses a periodic inventory system. Your answer is correct. (a) Determine the cost of goods available for sale. The cost of goods available for sale (b) Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125. Average Cost 1502 10.13