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Novak Distribution markets CDs of numerous performing artists. At the beginning of March, Novak had in beginning inventory 2,580 CDs with a unit cost of
Novak Distribution markets CDs of numerous performing artists. At the beginning of March, Novak had in beginning inventory 2,580 CDs with a unit cost of $7. During March, Novak made the following purchases of CDs. March 5 1,910 @ $8 March 21 5,070 @ $10 March 13 3,230 @ $9 March 26 2,040 @ $11 During March, 11,530 units were sold. Novak uses a periodic inventory system. (a) Determine the cost of goods available for sale. The cost of goods available for sale $enter the cost of goods available for sale in dollars.
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