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Maple Distribution markets CDs of the performing artist John. During April 2 0 2 4 , Maple Distribution made the following purchases and sales of

Maple Distribution markets CDs of the performing artist John. During April 2024, Maple Distribution made
the following purchases and sales of John's CDs.
During April, 9,000 CDs were sold by Maple Distribution. Maple Distribution follows a periodic system for
inventories.
Urgentttttttttttttttttttt pls solve in 30 mins plsssssssssssssssssssssssssssssssssssss Required: Determine (i) the value of closing inventory and (ii) the cost of goods sold under the following
cost flow methods:
(a) first-in-first-out (FIFO)[5 marks]
(b) last-in-first-out (LIFO)[5 marks]
(c) average cost (AVCO)[4 marks]
(Note: show your workings in detail)
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