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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
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. During March 16,000 units were sold. Grouper uses a periodic inventory system. (a) Determine the cost of goods available for sale. Cost of goods available for sale $ Novak Corp. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. July 14$219 July 21$ July 27$$266.284
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