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Monty Distribution markets CDs of numerous performing artists. At the beginning of March, Monty had in beginning inventory 2,600 CDs with a unit cost of
Monty Distribution markets CDs of numerous performing artists. At the beginning of March, Monty had in beginning inventory 2,600 CDs with a unit cost of $7. During March, Monty made the following purchases of CDs. During March, 10,950 units were sold. Monty uses a periodic inventory system. (a) Determine the cost of goods available for sale. The cost of goods available for sale
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