Carla Vista Distribution markets CDs of numerous performing artists. At the beginning of March, Carla Vista had in beginning inventory 2,500 CDs with a unit cost of $6.00. During March, Carla Vista made the following purchases of CDs. March 5 March 13 2,150 (a) 4,000 @ $7.00 $8.00 March 21 March 26 4,800 2,150 Determine the cost of goods available for sale. @ During March 12,000 units were sold. Carla Vista uses a periodic inventory system. $9.00 $10.00
Carla Vista Distribution markets CDs of numerous performing artists. At the beginning of March, Carla Vista had in beginning inventory 2,500 CDs with a unit cost of $6.00. During March, Carla Vista made the following purchases of CDs. March 5 March 13 2,150 (a) 4,000 @ $7.00 $8.00 March 21 March 26 4,800 2,150 Determine the cost of goods available for sale. @ During March 12,000 units were sold. Carla Vista uses a periodic inventory system. $9.00 $10.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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