Sheffield Distribution markets CDs of numerous performing artists. At the beginning of March, Sheffield had in beginning inventory 2,520 CDs with a unit cost of $7. During March, Sheffield made the following purchases of CDs. March 5 2,180 @$8 March 21 4,710 @ $10 March 13 3,440 @$9 March 26 2,120 @$11 During March, 11,530 units were sold. Sheffield 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 136460 Your answer is partially correct. 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). (For calculation purposes, round average cost per unit to 3 decimal places, e.g. 5.275. Round answers to 0 decimal places, e.g. 125.) FIFO The ending inventory 36520 $ The cost of goods sold $ 99940 Save for Later Using multiple attempts will impact your score. 20% score reduction after attempt 3 LIFO AVERAGE-COST 25000 $ 111460 $ Attempts: 1 of 4 used Submit