Shamrock, Inc. markets CDs of numerous performing artists. At the beginning of March, Shamrock, Inc. had in beginning inventory 2,420 CDs with a unit cost of $7. During March, Shamrock, Inc. made the following purchases of CDs.

Problem 6-2A Shamrock, Inc. markets CDs of numerous performing artists. At the beginning of March, Shamrock, Inc. had in beginning inventory 2,420 CDs with a unit cost of $7. During March, Shamrock, Inc. made the following purchases of CDs March 5 1,800 $8 March 21 5,030$10 March 13 3,670$9 March 26 1,840$11 During March 12,310 units were sold. Shamrock, Inc. uses a periodic inventory system. (a) Determine the cost of goods available for sale The cost of goods available for sale (b) Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average Cost 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 o decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory The cost of goods sold