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Bramble Corp, had the following inventory transactions occur during 2022 Units Cost/unit Feb. 1.2022 Purchase 88 $88 Mar 14,2022 Purchase 152 $92 May 1, 2022
Bramble Corp, had the following inventory transactions occur during 2022 Units Cost/unit Feb. 1.2022 Purchase 88 $88 Mar 14,2022 Purchase 152 $92 May 1, 2022 Purchase 108 596 The company sold 250 units at $123 each and has a tax rate of 30%. Assuming that a periodic inventory system is used and operating expenses of $2450, what is the company's after-tax income using FIFO? 33928.40 55612.00 $4868.00 $3407.60
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