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Skysong, Inc. had a beginning inventory of 145 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb.

Skysong, Inc. had a beginning inventory of 145 units of Product RST at a cost of $9 per unit. During the year, purchases were:

Feb. 20

670 units at $10

Aug. 12

470 units at $12

May 5

570 units at $11

Dec. 8

145 units at $13

Skysong uses a periodic inventory system. Sales totaled 1,540 units.

(a)

Determine the cost of goods available for sale.

The cost of goods available for sale

$enter the cost of goods available for sale in dollars

Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.)

Average Cost

$enter an average cost in dollars

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