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Bramble uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $14 each. During the month, the
Bramble uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $14 each. During the month, the company made two purchases: 3100 units at $15 each and 12100 units at $15.50 each. Bramble also sold 12900 units during the month. If the FIFO method is used, what is the ending inventory?
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