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Problem 6-2A Ayayai Corp. markets CDs of numerous performing artists. At the beginning of March, Ayayai Corp. had in beginning Inventory 2,390 CDs with a

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Problem 6-2A Ayayai Corp. markets CDs of numerous performing artists. At the beginning of March, Ayayai Corp. had in beginning Inventory 2,390 CDs with a unit cost of $7. During March, Ayayai Corp. made the following purchases of CDs. March 5 2,130 @ $8 March 21 4,650 @ $10 March 13 3,690 @ $9 March 26 2,140 @ $11 During March 12,280 units were sold. Ayayai 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 137020 (b) Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average Cost 9.135 LINK TO TEXT VIDEO: SIMILAR PROBLEMYour answer is partially correct. Try again. Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, IFO, and average-cost). (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory 29340 19370 24834 * The cost of goods sold $ 107680 117650 112116 LINK TO TEXT VIDEO: SIMILAR

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