Question
Bramble Company's inventory records show the following data: Units Unit Cost Inventory: January 1 10500 $9.40 Purchases: June 18 9400 7.00 November 8 5700 6.00
Bramble Company's inventory records show the following data:
| Units | Unit Cost | ||
| Inventory: | January 1 | 10500 | $9.40 |
| Purchases: | June 18 | 9400 | 7.00 |
| November 8 | 5700 | 6.00 |
A physical inventory on December 31 shows 4000 units on hand. Bramble sells the units for $15 each. Bramble uses the periodic inventory method. What is the cost of goods available for sale?
|
| $174700 |
|
| $170700 |
|
| $198700 |
|
| $161100 |
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Automotive Audits Principles And Practices
Authors: D. H. Stamatis
1st Edition
0367696592, 978-0367696597
