REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same month, $102$ snowboards were sold. REl uses a periodic inventory system. $[[$Date$,$Explanation,Units,Unit Cost,Total Cost$],[$Sept$.1,$Inventory,$10,107,1,070$Blossom Distribution markets CDs of numerous performing artists. At the beginning of March, Blossom had in

beginning inventory $2,800$ CDs with a unit cost of $$8\mathrm{.}00.$ During March, Blossom made the following purchases of CDs$.$

During March $11,600$ units were sold. Blossom uses a periodic inventory system.

Determine the cost of goods available for sale.

Cost of goods available for sale $

Calculate weighted$-$average cost per unit. $($Round answer to $3$ decimal places, e$.$g$.5\mathrm{.}125.)$

Weighted$-$average cost per unit $

eTextbook and Media

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$).($Round answers to $0$ decimal places, e$.$g$.125.)$

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?

$(1)$

produces the highest inventory amount.

$(2)$

produces the highest cost of goods sold.