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Problem - Glanville Distribution markets CDs of the performing artist Harrilyn Clooney. At the beginning of March, Glanville had in beginning inventory 1,540 Clooney CDs with a unit cost of $8.30. During March Glanville made the following purchases of Clooney CDs.
March 5
3,040 @ $9.30
March 21
4,040 @ $11.30
March 13
5,540 @ $10.30
March 26
2,040 @ $12.30
Determine the cost of goods available for sale.
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