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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

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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 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 17 405 24 301 295 30 210 405 257 (a) 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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