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Glee Distribution markets CDs of the performing artist Unique. At the beginning of October, Glee...

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Accounting

Glee Distribution markets CDs of the performing artist Unique. At the beginning of October, Glee had in beginning inventory 2,000 of Unique's CDs with a unit cost of $7. During October, Glee made the following purchases of Unique's CDs. Oct. 3 Oct. 9 2,500 @ $8 (a) 3,500 $9 Oct. 19 Oct. 25 3,000 @ $10 $11 During October, 10,900 units were sold. Glee uses a periodic inventory system. 4,000 Cost of goods available for sale
a) Determine the cost of goods available for sale.
b1) Calculate cost per unit.
b2)
c) image
Glee Distribution markets CD s of the performing artist Unique. At the beginning of October, Glee had in beginning inventory 2.000 of Unique's CDs with a unit cost of \$7. During October, Glee made the following purchases of Unique's CDs. During October, 10,900 units were sald. Glee uses a periodic imventory system. (a) Determine the cost of goods avaliable for sale. Cost of goods available for sale

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