Sheffield Corp. markets CDs of numerous performing artists. At the beginning of March, Sheffield had in beginning inventory 2,500 CDs with a unit cost of $8. During March, Sheffield made the following purchases of CDs. @ $9. March 5 March 13 1.900 3,500 March 21 March 26 5.200 1.900 $10 $11 $12 During March 11,500 units were sold. Sheffield uses a periodic inventory system, Your answer is correct. Determine the cost of goods available for sale The cost of goods available for sale $ 152100 Calculate Average Cost. (Round answer to 3 decimal places, eg. 5.1250) Average Cost 10.14 e Textbook and Media Assistance Used List of Accounts (6) 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 decimal places, eg. 125.) FIFO LIFO AVERAGE-COST The ending inventory 235.100 $ $ The cost of goods sold $ 1 $ $