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Problem 6-2A (Part Level Submission) Pina Colada Corp. markets CDs of numerous performing artists. At the beginning of March, Pina Colada Corp. had in beginning
Problem 6-2A (Part Level Submission) Pina Colada Corp. markets CDs of numerous performing artists. At the beginning of March, Pina Colada Corp. had in beginning inventory 2,590 CDs with a unit cost of $7. During March, Pina Colada Corp. made the following purchases of CDs. March 2,180 @ $8 $10 March 5,000 @ 21 March 1,820 @ 26 March 3,700 @ 13 $9 $11 During March 12,510 units were sold. Pina Colada Corp. uses a periodic inventory system. (a) (a) Determine the cost of goods available for sale. The cost of goods available for sale (b) Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average Cost Click if you would like to Show Work for this question: Open Show Work
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