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pls solve the Q ASAP ction C: CLO 2.2 (12 Points) No. 13 rey Distribution markets CDs of the performing artist Brittang Agullera. At the
pls solve the Q ASAP
ction C: CLO 2.2 (12 Points) No. 13 rey Distribution markets CDs of the performing artist Brittang Agullera. At the beginning of March, Carey in beginning inventory 1,000 Agullera CDs with a unit cost of S5. During March, Carey made the lowing purchases of Agullera CDs: ing March 9,500 units were sold. Carey uses a periodic inventory system. uired: 1. Calculate the cost of goods available for sale. 2. Calculate: (i) the ending inventory and (ii) the cost of goods sold under each of the assumed cost tlo methods i.e. (FIFO, LIFO, and Average-cost method) Step by Step Solution
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