Sheffield Ltd. (SL) is a retailer of office equipment. The company uses a periodic inventory system and on October 1 had 1,900 units of inventory with a total cost of $38,000. During the month of October, SL had the following inventory-related transactions: Date Oct. 9 (a) 12 17 25 28 Explanation Purchase Purchase Sale Purchase Sale Units 5,300 X Your answer is incorrect. 4,000 (5,300) 4,200 (5,900) Unit Cost/Price $21.00 FIFO 20.50 41.00 20.80 41.00 Determine the cost of goods available for sale for the month. Total Cost $111,300 82,000 87,360 Average Cost

Sheffield Ltd, (SL) is a retailer of office equipment. The company uses a periodic imventory system and on October 1 had 1,900 units of inventory with a total cost of $38,000. During the month of October, St. had the following inventory-related transactions: (a) Determine the cost of goods available for sale for the month. Determine the cost of goods available for sale for the month