Monty Distribution markets CDs of numerous performing artists. At the beginning of March, Monty had in beginning inventory 3,200CDs witha unit cost of $6. During March, Monty made the following purchases of CDs. During March 17,000 units were sold. Monty uses a periodic inventory system. Determine the cost of goods avaliable for sale. Cost of goods avalable for sale eTextbook and Media Calcalate weighted-ancrage cost per unit. (Round onver to 3 decimat places, es. 2.257) Calculate weighted average cost per unit. (Round answer to 3 decimal places, eg. 2.257) Weighted-average cost per unit eTextbook and Media 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 O decimal piaces, e.g. 1.250. Use weighted-average unit cost rounded to 3 dedimal ploces for computations, Which cost flow method results in (1) the highest inventory amount for the balance sheet and (2) the highest cost of goods sold for the income statement? (1) produces the highest irwentory amount, $ (2) produces the highest cost of goods sold, S