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Monty Distribution markets CDs of numerous performing artists. At the beginning of March, Monty had in beginning inventory 3,200 CDs with a unit cost of
Monty Distribution markets CDs of numerous performing artists. At the beginning of March, Monty had in beginning inventory 3,200 CDs with a unit cost of $6. During March, Monty made the following purchases of CDs. March 5 4,000 March 13 5,600 (a) $7 $8 March 21 March 26 During March 17,000 units were sold. Monty uses a periodic inventory system. Cost of goods available for sale Determine the cost of goods available for sale. 6,800@ $9 4,400 @ $10
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