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Bramble Shutters has the following inventory information. Nov. 1 Inventory 40 units @ $7.00 8 Purchase 140 units @ $6.00 17 Purchase 40 units @
Bramble Shutters has the following inventory information. Nov. 1 Inventory 40 units @ $7.00 8 Purchase 140 units @ $6.00 17 Purchase 40 units @ $7.00 25 Purchase 100 units @ $6.00 A physical count of merchandise inventory on November 30 reveals that there are 80 units on hand. Assume a periodic inventory system is used. Ending inventory under LIFO is $520. $1428. $1482. $480. Coronado has the following inventory information. July 20 units at 1 Beginning Inventory $340 $17 7 Purchases 60 units at $23 1380 22 Purchases 20 units at $19 380 $2100 A physical count of merchandise inventory on July 31 reveals that there are 36 units on hand. Using the average-cost method, the value of ending inventory is $782. $756. $732. $775
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