Express Distribution markets CDs of the performing artist Fishe. At the beginning of October, Express had in beginning inventory 2,000 of Fishes CDs with a unit cost of $7. During October, Express made the following purchases of Fishes CDs.

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Problem 6-2A (Part Level Submission) Express Distribution markets CDs of the performing artist Fishe. At the beginning of October, Express had in beginning inventory 2,000 of Fishe's CDs with a unit cost of $7. During October, Express made the following purchases of Fishe's CDs. Oct. 3 2,500@ $8 Oct. 19 3,000 @ $10 Oct. 25 4,000 @ $11 Oct. 9 3,500 @ $9 periodic inventory system. During October, 10,900 units were sold. Express uses (a) Your answer is correct. Determine the cost of goods available for sale Cost of goods available for sale 139,500 Your answer correct Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Weighted average cost per u 9.3 SHOW SOLUTION SHOW ANSWER LINK TO XT VIDEO: SIMILAR PROBLEM Attempts: 1 of 3 used (b2) Your answer i incorrect. Try again. 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). (Round answers to 0 decimal places, e.g. 1,250. Use weighted-average unit cost rounded to 2 decimal places for computations.) FIFO LIFO AVERAGE-COST x x The ending inventory 42,923.08 2,100 33,500 The cost of goods sold 116,400 106,000 96,576.92