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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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
(a)
2,150
4.000
(a)
@
@
Show Transcribed Text
$7.00
$8.00
During March 12,000 units were sold. Carla Vista uses a periodic inventory system.
Determine the cost of goods available for sale.
Cost of goods available for sale
Weighted-average cost per unit
$
Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 5.125.)
Cost of goods available for sale $
Save for Later
March 21
March 26
Determine the cost of goods available for sale..
Weighted-average cost per unit
eTextbook and Media
$
4,800
2,150 @
During March 12,000 units were sold. Carla Vista uses a periodic inventory system.
@
$
0
$9.00
$10.00
Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 5.125.)
C
Attempts: 0 of 3 used
(b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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Transcribed Image Text:Current Attempt in Progress
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
(a)
2,150
4.000
(a)
@
@
Show Transcribed Text
$7.00
$8.00
During March 12,000 units were sold. Carla Vista uses a periodic inventory system.
Determine the cost of goods available for sale.
Cost of goods available for sale
Weighted-average cost per unit
$
Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 5.125.)
Cost of goods available for sale $
Save for Later
March 21
March 26
Determine the cost of goods available for sale..
Weighted-average cost per unit
eTextbook and Media
$
4,800
2,150 @
During March 12,000 units were sold. Carla Vista uses a periodic inventory system.
@
$
0
$9.00
$10.00
Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 5.125.)
C
Attempts: 0 of 3 used
(b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
Submit Answer
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