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part b Corp, markets CDs of numerous performing artists. At the beginning of March, Monty Corp, had in beginning inventory 2,490 CDs with a unit

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Corp, markets CDs of numerous performing artists. At the beginning of March, Monty Corp, had in beginning inventory 2,490 CDs with a unit cost of $7. During March, Monty Corp, made the following Ds. During March 12,560 units were sold. Monty Corp. uses a periodic inventory system. your answer is correct. (a) Determine the cost of goods available for sale. The cost of goods available for sale 137900 (b) Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average Cost $ 9.138 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). (Round answers to 0 decimal places, e.g. 125.)

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