Carla Vista Distribution markets CDs of numerous performing artists. At the beginning of March, Carla...
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Accounting
Carla Vista Distribution markets CDs of numerous performing artists. At the beginning of March, Carla Vista had in beginning inventory 2,600CD s with a unit cost of $8.00. During March, Carla Vista made the following purchases of CDs. During March 12,000 units were sold. Carla Vista uses a periodic inventory system. (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 0 decimal places, e.g. 125.) Attempts: 0 of 3 used
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