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Bramble has the following inventory information 25 units at $18 July, Beginning Inventory 7 Purchases 22 Purchases 65 units at $19 5 units at $23

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Bramble has the following inventory information 25 units at $18 July, Beginning Inventory 7 Purchases 22 Purchases 65 units at $19 5 units at $23 $450 1235 115 $1800 A physical count of merchandise inventory on July 31 reveals that there are 40 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $1015 $1089 $1029 $1065

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