Question 2 of 6 0.25/1 View Policies Show Attempt History Current Attempt in Progress Mullins Distribution markets CDs of numerous performing artists. At the beginning of March, Mullins had in beginning inventory 2.500 CDs with a unit cost of $7. During March, Mullins 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 uses a periodic inventory system (a) Your answer is correct. Determine the cost of goods available for sale. 0.25/1 Attempts: 3 of 3 (62) 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). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. (Round answers to decimal places eg. 1,250. Use weighted average unit cost rounded to 3 decimal places for computations) FIFO LIFO AVERAGE-COST The ending inventory $ $ The cost of goods sold e Textbook and Media Save for Later Attempts: 0 of 3 used sutra Answer The parts of this question must be completed in order. This part will be available when you complete the part above E