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Problem 6-2A Mullins Distribution markets CDs of numerous performing artists. At the beginning of March, Mullins Distribution had in beginning inventory 2,500 CDs with a

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Problem 6-2A Mullins Distribution markets CDs of numerous performing artists. At the beginning of March, Mullins Distribution had in beginning inventory 2,500 CDs with a unit cost of $7. During March, Mullins Distribution made the following purchases of CDs March 5 2,000 $8 March 21 5,000 $10 March 13 3,500 $9 March 26 2,000 $11 During March 12,000 units were sold. Mullins Distribution uses a periodic inventory system. Your answer is incorrect. Try again. (a) Determine the cost of goods available for sale. The cost of goods available for sale 9133 (b) Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average Cost Your 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, LIFO, and average-cost). (Ro answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory 3000 27400 9133 sl 12000 109600 The cost of goods sold 9133

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