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Current Attempt in Progress Lily Distribution markets CDs of the performing artist Unique....

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Accounting

Current Attempt in Progress
Lily Distribution markets CDs of the performing artist Unique. At the beginning of October, Lily had in beginning inventory 2,000 of Unique's CDs with a unit cost of $7. During October, Lily made the following purchases of Unique's CDs.
Oct. 32,500
@ $8
Oct. 19
3,000
@ $10
Oct. 9,3,500 $9
Oct. 25,4,000
@ $11
During October, 10,750 units were sold. Lily uses a periodic inventory system. calculate the cost per unit using these numbers
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