Marigold Distribution markets CDs of numerous performing artists. At the beginning of March, Marigold had in beginning inventory 3,000 CDs with a unit cost of $7. During March, Marigold made the following purchases of CDs. March 5 3,750 @ @ $8 $9 March 21 March 26 6,500 4,000 $10 $11 March 13 5,250 During March 16,000 units were sold. Marigold uses a periodic inventory system. (a) Your answer is correct. Determine the cost of goods available for sale. Cost of goods available for sale $ 207250 Calculate weighted average cost per unit. (Round answer to 3 decimal places, e.g. 2.257.) Weighted average cost per unit $ 9.211 e Textbook and Media Attempts: 1 of 5 used (12) 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 0 decimal places, e.g. 1,250. Use weighted-average unit cost rounded to 3 decimal places for computations.) FIFO LIFO AVERAGE-COST The ending inventory $ $ $ The cost of goods sold $ $ $ You have the following information for Whispering Winds Corp. for the month ended October 31, 2022. Whispering Winds Corp. uses a periodic method for inventory. Date Units Oct. 1 Description Beginning inventory Purchase 54 Unit Cost or Selling Price $26 28 Oct. 9 124 Oct. 11 Sale 109 37 Oct. 17 Purchase 104 29 Oct. 22 Sale 62 42 Oct. 25 Purchase 66 31 Oct. 29 Sale 107 42 Calculate the weighted average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit $ 28.557 e Textbook and Media List of Accounts Attempts: 2 of 5 used (a2) Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to 0 decimal places, e.g. 5,125.) LIFO FIFO AVERAGE-COST The ending inventory $ $ $ The cost of goods sold $ $ $ Gross profit $ $