Question
Dyna Distribution markets CDs of the performing artist King James. At the beginning of March, Dyna had in beginning inventory 2,445 King James CDs with
Dyna Distribution markets CDs of the performing artist King James. At the beginning of March, Dyna had in beginning inventory 2,445 King James CDs with a unit cost of $1 During March, Dyna made the following purchases of King James CDs. March 5 5,705 @ $7 March 21 3,260 @ $12 March 13 6,520 @ $8 March 26 3,260 @ $13 During March, 16,300 units were sold. Dyna uses a periodic inventory system. Determine the cost of goods available for sale. The cost of goods available for sale $ Calculate average cost per unit. (Round answer to 4 decimal places, e.g. $2.2520.) Average cost per unit $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started