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View Policies Show Attempt History Current Attempt in Progress Sandhill Distribution markets CDs of numerous performing artists. At the beginning of March, Sandhill had

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View Policies Show Attempt History Current Attempt in Progress Sandhill Distribution markets CDs of numerous performing artists. At the beginning of March, Sandhill had in beginning inventory 2,500 CDs with a unit cost of $8.00. During March, Sandhill made the following purchases of CDs. March 51 1.850 $9,00 March 21 4,800 $11.00 March 13 4,000 @ $10.00 March 26 1,850 @ $12.00 During March 11,900 units were sold. Sandhill uses a periodic inventory system. (a) Your Answer Correct Answer (Used) Determine the cost of goods available for sale. Cost of goods available for sale $ 151650 Calculate weighted average cost per unit. (Round answer to 3 decimal places, eg 5.125) Weighted-average cost per unit $ 10.110 (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). (Round answers to O decimal places, eg 125) Ending inventory $ Cost of goods sold $ eTextbook and Media Saw for Later FIFO LIFO AVERAGE-COST $ $ Attempts: 0 of 3 used Submit Answer

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