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Flounder Distribution markets CDs of numerous performing artists. At the beginning of March, Flounder had in beginning inventory 2,590 CDs with a unit cost of
Flounder Distribution markets CDs of numerous performing artists. At the beginning of March, Flounder had in beginning inventory 2,590 CDs with a unit cost of $7. During March, Flounder made the following purchases of CDs. March 5 March 13 1,950 @ $8 3,400 $9 (a) March 21 March 26 Determine the cost of goods available for sale. 5,240 During March, 11,280 units were sold. Flounder uses a periodic inventory system. The cost of goods available for sale $ 1,970 $10 $11
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