Grouper Distribution markets CDs of numerous performing artists. At the beginning of March Grouper had in beginning inventory 2.900 CDs with a unit cost of $6. During March Grouper made the following purchases of CDs March 5 3,625 $7 March 21 6,350 e 59 March 13 5,075 @ $8 March 26 3,800 $10 During March 16.000 units were sold Grouper uses a periodic inventory system (a) Your Answer Correct Answer 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). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. (Round answers to decimal places, eg. 1.250. Use weighted average unit cost rounded to 3 decimal places for computations) FIFO LIFO The ending inventory AVERAGE-COST $ The cost of goods sold s s e Textbook and Media Save for Later Attempts: 1 of 5 used Sabit Awe (c) The parts of this au