ress Distribution markets CDs of the performing artist Fishe. At the beginning of October, Express had in beginning inventory 4,100 of Fishes CDs with a unit cost of $7. During October, Express made the following purchases of Fishes CDs.

Oct. 3		5,125	@	$8		Oct. 19		6,150	@	$10
Oct. 9		7,175	@	$9		Oct. 25		8,200	@	$11

During October, 22,345 units were sold. Express uses a periodic inventory system.

(a)

	Your answer is correct.

Determine the cost of goods available for sale.

Cost of goods available for sale		$

$285975

(b1)

Calculate cost per unit. (Round answer to 2 decimal places, e.g. 2.25.)

Cost per unit

$