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Problem 6-02A a, bl-b2, c (Part Level Submission (Video) Sheridan Distribution markets CDs of the performing artist Unique. At the beginning of October, Sheridan had
Problem 6-02A a, bl-b2, c (Part Level Submission (Video) Sheridan Distribution markets CDs of the performing artist Unique. At the beginning of October, Sheridan had in beginning inventory 2,000 of Unique's CDs with a unit cost of $7. During October, Sheridan made the following purchases of Unique's CDs. Oct. 3 2,500 @ $8 Oct. 9 3,500 @ $9 Oct. 19 3,000 @ $10 Oct. 25 4,000 @ $11 During October, 10,850 units were sold. Sheridan uses a periodic inventory system. v (a) Your answer is correct. Determine the cost of goods available for sale. Cost of goods available for sale 139500 $ Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 5 used (61) x Your answer is incorrect. Try again. Calculate cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Cost per unit
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