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Bramble Company reports the following for the month of June. Unit Cost June 1 Inventory Purchase Purchase Inventory 12 Units 270 410 320 120 Total
Bramble Company reports the following for the month of June. Unit Cost June 1 Inventory Purchase Purchase Inventory 12 Units 270 410 320 120 Total Cost $ 1,080 2,050 1,920 30 x Your answer is incorrect. Calulate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost x Your answer is incorrect. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 1,250.) 2549 The ending inventory The cost of goods sold 22939 Your answer is partially correct. Will the results in (a) be higher or lower than the results under FIFO and LIFO? is Yower than Firo 5220 and higher than LIFO $12549 In contrast, cost of goods sold is higher than FIFO $122939 and Tower than LIFO $14570)
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