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Bramble Company uses the periodic inventory method and had the following inventory information available: Units Unit Cost Total Cost 1/1 Beginning Inventory 84 $4
Bramble Company uses the periodic inventory method and had the following inventory information available: Units Unit Cost Total Cost 1/1 Beginning Inventory 84 $4 $336 1/20 Purchase 420 $5 2,100 7/25 Purchase 841 $7 588 10/20 Purchase 252 $8 2.016 840 $5.040 A physical count of inventory on December 31 revealed that there were 294 units on hand. Answer the following independent questions. (Round average cost per unit to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 2,520.) 1 Assume that the company uses the FIFO method. The value of the ending inventory at
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