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Bramble Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 151 tents. This consists of 50

Bramble Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 151 tents. This consists of 50 tents purchased in February at a cost of $214 each and 101 tents purchased in March at a cost of $229 each. During April, the company had the following purchases and sales of tents:

Purchases Sales Date Units Unit Cost Units Unit Price

Apr. 3 75 $405

10 200 $277

17 257 405

24 301 295

30 210 405

Determine the cost of goods sold and the cost of the ending inventory using FIFO.

Cost of goods sold $
Cost of the ending inventory $

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