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Problem 6-2A Glee Di October, Glee made the following purchases of Unique's CDs. n markets CDs of the performing artist Unique. At the beginning of

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Problem 6-2A Glee Di October, Glee made the following purchases of Unique's CDs. n markets CDs of the performing artist Unique. At the beginning of October, Glee had in beginning inventory 2,280 of Unique's CDs with a unit cost of $7. During Oct. 3 2,850 $8 Oct. 19 3,420 $10 Oct. 9 3,990 $9 Oct. 25 4,560 $11 Determine the cost of goods available for sale Cost of goods available for sale Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO. LIFO, and to o FIFO LIFO AVE The cost of goods sold Which cost flow method results in (1) the highest inventory amount for the balance sheet and (2) the highest cost of goods sold for the income statement? produces the highest inventory amount, $ produces the highest cost of goods sold

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