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Sheridan Distribution markets CDs of the performing artist Unique: At the beginning of October, Sheridan had in beginning inventory 2,000 of Unique's CDs with a

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Sheridan Distribution markets CDs of the performing artist Unique: At the beginning of October, Sheridan had in beginning inventory 2,000 of Unique's CDs with a unit cost of \$7. During October, Sheridan made the following purchases of Unique's CDs. During October, 10,850 units were sold. Sheridan uses a periodic inventory system. Sheridan Distribution markets CDs of the performing artist Unique: At the beginning of October, Sheridan had in beginning inventory 2,000 of Unique's CDs with a unit cost of \$7. During October, Sheridan made the following purchases of Unique's CDs. During October, 10,850 units were sold. Sheridan uses a periodic inventory system

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