B200896 G.

asked • 02/20/16

I'm so confused and don't know where to start

Dunbar Distribution markets CDs of numerous performing artists. At the beginning of March, Dunbar had in beginning inventory 3,575 CDs with a unit cost of $10. During March, Dunbar made the following purchases of CDs.

March 5 2,860 @ $11 March 21 7,150 @ $14
March 13 5,005 @ $13 March 26 2,860 @ $16

During March 17,160 units were sold. Dunbar uses a periodic inventory system.

Collapse question part
(a) Determine the cost of goods available for sale.

The cost of goods available for sale

(b) Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.)

Average Cost

1 Expert Answer


Devendra S. answered • 03/26/16

New to Wyzant

Effective online Accounting Tutor

Hannah J.

Thankyou so much I have a different problem for my class and this helped me figure out how to find the average cost for the units available for sale.


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