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Riverbed Distribution markets CDs of numerous performing artists. At the beginning of March, Riverbed had in beginning inventory 2 , 5 1 0 CDs with
Riverbed Distribution markets CDs of numerous performing artists. At the beginning of March, Riverbed had in beginning inventory CDs with a unit cost of $ During March. Riverbed made the following purchases of CDs
During March, units were sold. Riverbed uses a periodic inventory system.
a
Your answer is correct.
Determine the cost of goods available for sale.
The cost of goods available for sale
$
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b
Your answer is partially correct.
Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods FIFO LIFO, and averagecostFor coiculation purposes, round overage cosi per unit to decimal places, ess Round answers to decimal piaces, eg
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