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Read, Study & Practice Gradebook ORION ment open Assignment BACK Mt Cookie creations 6 (Part Level submission) Rci Natalie is busy establishing both divisions of

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Read, Study & Practice Gradebook ORION ment open Assignment BACK Mt Cookie creations 6 (Part Level submission) Rci Natalie is busy establishing both divisions of her business (cookie classes and mixer sales) and completing her business degree. Her goals for the next 11 months are to sell one mixer per month and to give two to three classes per week. The cost of the fine European mixers is expected to increase. Natalie has just negotiated new terms with Kzinski that include shipping costs in the negotiated purchase price will be shipped destination), Assume that Natalie has decided to use a periodic inventory system and now must choose a cost fow assumption for her mixer inventory Inventory as on January 31, 2014 represents three deluxe mixer purchased at a unit cost of $595. The following transactions occur in February to May 2014. Feb. 2 Natalie buys two deluxe mixers on account from Kadinski supply Co. for $1,200 ($600 each), Foe destination, terms nV30 16 She sells one deluxe mixer for $1,150 cash. 25 She pays the amount owed to Kzinski. Mar, 2 She buys one deluxe mixer on account from Kzinski Supply Co. for $618, FOB destination, terms n/30. 30 Natalie sells two deluxe mixers for a total of s2,300 cash. 31 She pays the amount owed to Kzinski Apr. 1 She buys two deluxe mixers on account from Kzinski Supply Co. for $1,224 ($612 each), FOB destination, terms n/30. 13 She sells three deluxe mixers for a total of $3,450 cash. Natalie pays the amounts owed to Kzinski May 4 She buys three deluxe mixers on account from Kzinski Supply Co. for $1,875 ($625 each), FOB destination, terms n/30. 27 She sells one deluxe mixer for $1,150 cash, (a) Your answer is correct. Determine the cost of goods available for sale

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