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Bramble Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 107 units were sold. Date Unit
Bramble Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 107 units were sold. Date Unit Cost $15 May 1 15 Explanation Inventory Purchases Purchases Totals Units 50 41 18 Total Cost $750 738 1.102 $2,590 24 58 19 149 Compute the ending inventory at May 31 and cost of goods sold using the FIFO, LIFO, and average-cost methods. (Round per unit cost to 3 decimal places, es. 15.647 and final answers to decimal places, eg 5,125) FIFO LIFO Average-cost Ending Inventory at May 31 $ $ Cost of goods sold $ $
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