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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@ $7.00 25
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 100 units on hand. Assume a periodic inventory system is used. Ending inventory under FIFO is O $600. O $1548 $1602 O $640. Swifty Shutters has the following inventory information Nov. 1 Inventory 8 Purchase 17 Purchase 25 Purchase 40 units @ $7.00 90 units @ $6.00 70 units @ $8.00 80 units @ $9.00 A physical count of merchandise inventory on November 30 reveals that there are 110 units on hand. Assume a periodic inventor system is used. Ending inventory under LIFO is O $1938. O $990 O $1992 O $700
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