Grouper Distribution markets CDs of the performing artist Fishe. At the beginning of October, Grouper had in beginning inventory 2,900 of Fishe's CDs with a unit cost of $6. During October, Grouper made the following purchases of Fishe's CDs.

Oct. 3 3,625 @ $7

Oct. 9 5,075 @$8

Oct. 19 4,350 @ $9

Oct. 25 5,800 @ $10

During October, 15,805 units were sold. Grouper uses a periodic inventory system.

Problem 6-02A a, b1-b2, c (Part Level Submission) (Video) Grouper Distribution markets CDs of the performing artist Fishe. At the beginning of October, Grouper had in beginning inventory 2,900 of Fishe's CDs with a unit cost of $6. During October, Grouper made the following purchases of Fishe's CDs. Oct. 3 3,625 Oct. 9 5,075 $7 $8 Oct. 19 4,350 Oct. 25 5,800 $9 $10 During October, 15,805 units were sold. Grouper uses a periodic Inventory system. (61) (62) x your answer is 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). Prove the accuracy of the cost of goods sold under the FIFO and LFO methods. (Round answers to decimal places, ..1,250. Use weighted average unit cost rounded to 2 decimal places for computations.) FIFO LIFO AVERAGE-COST The ending inventory PAS The cost of goods sold Click if you would like to show Work for this question: Open Show Work