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Bramble Limited uses a periodic inventory system. On June 24, the company sold 810 units. The following additional information is available: Units Unit Cost Total
Bramble Limited uses a periodic inventory system. On June 24, the company sold 810 units. The following additional information is available:
| Units | Unit Cost | Total Cost | |||||||
|---|---|---|---|---|---|---|---|---|---|
| June 1 inventory | 270 | $15 | $4,050 | ||||||
| June 15 purchase | 540 | 15 | 8,100 | ||||||
| June 23 purchase | 540 | 15 | 8,100 | ||||||
| 1,350 | $20,250 | ||||||||
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
