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Laramie Distribution markets CDs of numerous performing artists. At the beginning of March, Laramie had in beginning inventory 3,680 CDs with a unit cost of
Laramie Distribution markets CDs of numerous performing artists. At the beginning of March, Laramie had in beginning inventory 3,680 CDs with a unit cost of $10. During March Laramie made the following purchases of CDs. March 5 2,944 @ $12 March 21 5,888 @ $15 March 13 8,096 @ $13 March 26 2,944 @ $16 During March 19,136 units were sold. Laramie uses a periodic inventory system. (a) Determine the cost of goods available for sale.Laramie Distribution markets CDs of numerous performing artists. At the beginning of March, Laramie had in beginning inventory 3,680 CDs with a unit cost of $10. During March Laramie made the following purchases of CDs. March 5 2,944 @ $12 March 21 5,888 @ $15 March 13 8,096 @ $13 March 26 2,944 @ $16 During March 19,136 units were sold. Laramie uses a periodic inventory system. (a) Determine the cost of goods available for sale.Laramie Distribution markets CDs of numerous performing artists. At the beginning of March, Laramie had in beginning inventory 3,680 CDs with a unit cost of $10. During March Laramie made the following purchases of CDs. March 5 2,944 @ $12 March 21 5,888 @ $15 March 13 8,096 @ $13 March 26 2,944 @ $16 During March 19,136 units were sold. Laramie uses a periodic inventory system. (a) Determine the cost of goods available for sale
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