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Bramble Corporation is a multi-product firm. The following information concerns one of its products, the Trinton: Price/ Date Transaction Quantity Cost Jan. 1 Beginning inventory
Bramble Corporation is a multi-product firm. The following information concerns one of its products, the Trinton: Price/ Date Transaction Quantity Cost Jan. 1 Beginning inventory 2,000 $11 Feb. 4 Purchase 2,820 20 Feb. 20 Sale 3,130 31 Apr. 2 Purchase 3,790 25 Nov. 4 Sale 3,400 35 * Your answer is incorrect. Calculate cost of goods sold, assuming Bramble uses a perpetual inventory system and moving-average cost formula. (Round weighted average cost per unit to 2 decimal places, eg. 52.75 and final answer to O decimal places, eg. 5,275.) Cost of goods sold 121920
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