Question
Bramble Ltd. is a retailer of office equipment. The company uses a periodic inventory system and on October 1 had 2200 units of inventory with
Bramble Ltd. is a retailer of office equipment. The company uses a periodic inventory system and on October 1 had 2200 units of inventory with a total cost of $46200. During October, company had the following inventory related transactions: Oct 9 Purchase 5000 units $22 per unit cost and total cost $110000 Oct 12 Purchase 4300 units $21.50 per unit cost and total cost $92450 Oct 17 sale (5000) units $42 per unit cost Oct 125Purchase 4000 units $21.80 per unit cost and total cost $87200 Oct 28 sale (6500) units $42 per unit cost Determine the cost of goods available for sale of the month
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