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Show all work please Problem 6-2A Culver Corporation markets CDs of numerous performing artists. At the beginning of March, Culver Corporation had in beginning inventory
Show all work please
Problem 6-2A Culver Corporation markets CDs of numerous performing artists. At the beginning of March, Culver Corporation had in beginning inventory 2,530 CDs with a unit cost of $7. During March, Culver Corporation made the following purchases of CDs March 52,180 8March 215,110$10 March 133,550 9March 26 2,190$11 During March 11,090 units were sold. Culver Corporation uses a periodic inventory system. Your answer is partially correct. Try again. (a) Determine the cost of goods available for sale. The cost of goods available for sale (b) Calculate Average Cost. (Round answer to 3 decimal places, e.g.5.125.) Average Cost 142290 SHOW LIST OF ACCOUNTS LINK TO TEXT Your answer is incorrect. Try again. 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). (Round answers to O decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory The cost of goods soldStep by Step Solution
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