Problem 6-02A a, b1-b2, c (Part Level Submission) (Video) Coronado Distribution markets CDs of the performing artist Unique. At the beginning of October, Coronado had in beginning inventory 2,000 of Unique's CDs with a unit cost of $5. During October, Coronado made the following purchases of Unique's CDs. Oct. 3 2,500 @ $6 Oct. 19 3,000 @ $8 Oct. 9 3,500 $7 Oct. 25 4,000 $9 During October, 10,700 units were sold. Coronado uses a periodic inventory system. Your answer is correct. Determine the cost of goods available for sale. Cost of goods available for sale s 109500 SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (b1) Your answer is incorrect. Try again. Calculate cost per unit.(Round answer to 2 decimal places, e.g. 2.25.) Cost per unit 8.62 (b1) Your answer is incorrect. Try again. Calculate cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Cost per unit 8.62 SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 3 of 3 used (b2) 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 O decimal places, e.g. 1,250.) FIFO LIFO AVERAGE-COST The ending inventory The cost of goods sold s LINK TO TEXT Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWE (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Problem 6-02A a, b1-b2, c (Part Level Submission) (Video) Coronado Distribution markets CDs of the performing artist Unique. At the beginning of October, Coronado had in beginning inventory 2,000 of Unique's CDs with a unit cost of $5. During October, Coronado made the following purchases of Unique's CDs. Oct. 3 2,500 @ $6 Oct. 19 3,000 @ $8 Oct. 9 3,500 $7 Oct. 25 4,000 $9 During October, 10,700 units were sold. Coronado uses a periodic inventory system. Your answer is correct. Determine the cost of goods available for sale. Cost of goods available for sale s 109500 SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (b1) Your answer is incorrect. Try again. Calculate cost per unit.(Round answer to 2 decimal places, e.g. 2.25.) Cost per unit 8.62 (b1) Your answer is incorrect. Try again. Calculate cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Cost per unit 8.62 SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 3 of 3 used (b2) 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 O decimal places, e.g. 1,250.) FIFO LIFO AVERAGE-COST The ending inventory The cost of goods sold s LINK TO TEXT Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWE (c) The parts of this question must be completed in order. This part will be available when you complete the part above
