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please help me and make sure the answer is 100 % correct.help me please help and thank you Pronghorn Distribution markets CDs of numerous performing
please help me and make sure the answer is 100 % correct.help me please help and thank you
Pronghorn Distribution markets CDs of numerous performing artists. At the beginning of March, Pronghorn had in beginning inventory 2,390 CDs with a unit cost of $8. During March, Pronghorn made the following purchases of CDs. March 5 2,110 @ $8 March 21 5.000 @ $10 March 13 3,360 @ $9 March 26 1,970 @ $11 During March, 11,310 units were sold. Pronghorn uses a periodic inventory system. (a) Your answer is correct. Determine the cost of goods available for sale. The cost of goods available for sale $ 137910 (b) 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). (For calculation purposes, round average cost per unit to 3 decimal places, e.g. 5.275. Round answers to decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory $ 37170 $ 28160 $ The cost of goods sold $ 100740 $ 109750 $ e Textbook and Media List of Accounts Save for Later Last saved 2 hours ago Attempts: 0 of 3 used Submit Answer Saved work will be auto-submitted on the due date Auto- submission can take up to 10 minutes. FIFO LIFO AVERAGE-COST The ending inventory $ 37170 $ 28160 $ The cost of goods sold $ 100740 $ 109750 $ e Textbook and Media List of Accounts Save for Later Last saved 2 hours ago. Attempts: 0 of 3 used Submit Answer Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. (c) The parts of this question must be completed in order. This part will be available when you complete the part aboveStep by Step Solution
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