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Bramble Inc. is trying to determine whether to use the FIFO or average cost formula. The accounting records show the following selected inventory information:

Bramble Inc. is trying to determine whether to use the FIFO or average cost formula. The accounting records show the following selected inventory information:
\table[[Jate,Purchases,Cost of Goods Sold,Ending Inventory],[Units,Cost,Total,Units,Cost,Total,Units,Cost,Total],[t.2,9,300,$11,$102,300,,,,9,300,$11,$102,300
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