Sheffield Distribution markets CDs of numerous performing artists. At the beginning of March, Sheffield had in beginning inventory 3,800 CDs with a unit cost of $7. During March, Sheffield made the following purchases of CDs. March 5 4,750 @ $8 March 13 6,650 @ $9 March 21 7,700 @ $10 March 26 5,600 @ $11 During March 21,000 units were sold. Sheffield uses a periodic inventory system. (a) Your answer is correct. Determine the cost of goods available for sale. Cost of goods available for sale (b1) eTextbook and Media Your answer is correct. 263050 Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 2.257.) Weighted-average cost per unit $ 9.230 (b2) eTextbook and Media Attempts: 1 of 3 used Attempts: 1 of 3 used 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). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. (Round answers to O decimal places, e.g. 1,250. Use weighted-average unit cost rounded to 3 decimal places for computations.) The ending inventory The cost of goods sold $ FIFO LIFO AVERAGE-COST