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 e Textbook and Media List of Accounts Attempts: 1 of 3 used (b) 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, eg, 5.275. Round answers to decimal places, e.g. 125.) (b) 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, eg. 5.275. Round answers to decimal places, eg. 125.) FIFO LIFO AVERAGE-COST The ending inventory $ $ The cost of goods sold $