NEXT ASSIGNMENT RESOURCES Post-Class Chpt 6A Problem 6-2A (Pa Level Submission P
ID: 340710 • Letter: N
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NEXT ASSIGNMENT RESOURCES Post-Class Chpt 6A Problem 6-2A (Pa Level Submission Problem 6-2A (Part Level Submission) Martinez Corp. markets CDs or numerous performing artists. At the beginning of March, Martinez Corp. had in beginning inventory 2,670 CDs with a unit cost of $7. During March, Martinez Corp. made the following purchases of CDs. March S 2,110 $8 March 13 3,630$9 March 21 5,460 $10 March 26 2,120 @ 11 Expand Your Critical Review Score Ouring March 12,050 units were sold. Martinez Corp. uses a periodic inventory system. (a) (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 SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMIILAR PROBLEM Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER (b) The parts of this question must be completed in order. This part will be available when you complete the part above.Explanation / Answer
a) 146,160 b) 9.14 As per chegg guidelines we answer one question per post.Kindly post remaining questions in next post Dear Student Thank you for using Chegg Please find below the answer Weighted Average Date Particulars Units Cost Amount 1-Mar Beginning Inventory 2,670.00 7.00 18,690.00 5-Mar Purchase 2,110.00 8.00 16,880.00 13-Mar Purchase 3,630.00 9.00 32,670.00 21-Mar Purchase 5,460.00 10.00 54,600.00 26-Mar Purchase 2,120.00 11.00 23,320.00 Cost of goods available for sale 15,990.00 9.14 146,160.00
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