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Problem 6-2A Pina Colada Corp. markets CDs of numerous performing artists. At the beginning of March, Pina Colada Corp. had in beginning inventory 2,590 CDs
Problem 6-2A 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 5 2,180 $8 March 21 5,000 March 13 3,7 $9 March 26 1,820 $10 $11 During March 12,510 units were sold. Pina Colada Corp. uses a periodic inventory system. (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
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