Carla Vista Distribution markets CDs of numerous performing artists. At the beginning of March, Carla Vista had in beginning inventory 2,600 CDs with a unit cost of $8.00. During March, Carla Vista made the following purchases of CDs. March 5 March 13 2,100 3,700 (a) $9.00 $10.00 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 March 21 5,500 March 26 2,100 $ Weighted-average cost per unit $11.00 $12.00 Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 5.125.) $
Carla Vista Distribution markets CDs of numerous performing artists. At the beginning of March, Carla Vista had in beginning inventory 2,600 CDs with a unit cost of $8.00. During March, Carla Vista made the following purchases of CDs. March 5 March 13 2,100 3,700 (a) $9.00 $10.00 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 March 21 5,500 March 26 2,100 $ Weighted-average cost per unit $11.00 $12.00 Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 5.125.) $
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Carla Vista Distribution markets CDs of numerous performing artists. At the beginning of March, Carla
Vista had in beginning inventory 2,600 CDs with a unit cost of $8.00. During March, Carla Vista made the
following purchases of CDs.
March 5
March 13
$9.00
3,700 @ $10.00
(a)
2,100
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
March 21
March 26
Weighted-average cost per unit
5,500 @ $11.00
2,100 @
$12.00
Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 5.125.)
$
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