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Blossom Company Inc. had a beginning inventory of 100 units of Product RST at a cost of $7 per unit. During the year, purchases were:
Blossom Company Inc. had a beginning inventory of 100 units of Product RST at a cost of $7 per unit. During the year, purchases were: Blossom Company uses a periodic inventory system. Sales totaled 1,500 units. Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to 0 decimal places, e.g. 150.) eTextbook and Media Attempts: 0 of 3 used
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