question 2 of 6

Question 2 of 6 0.5/1 E View Pollides 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 21 March 5 2,000 $8 March 13 3500 @ $9 5,000 $10 2,000 @ $11 March 26 During March 12,000 units were sold. Mullins uses a periodic Inventory system, a (a) Your answer is correct Determine the cost of goods available for sale. $ 137000 Cost of goods available for sale Attempt to used eTextbook and Media Attempts: 1 of 3 used (c) 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? (1) u produces the highest inventory amount for the balance sheets (2) ( produces the highest cost of goods sold on the income statement. $ e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later ZSVE Mostly d