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Bridgeport Corporation sells one product, with information for July as follows: July 1 Inventory 100 units at $15.00 each 4 Sale 80 units at $18.00

Bridgeport Corporation sells one product, with information for July as follows:

July 1 Inventory 100 units at $15.00 each

4 Sale 80 units at $18.00 each

11 Purchase 150 units at $16.10 each

13 Sale 120 units at $18.70 each

20 Purchase 160 units at $16.70 each

27 Sale 100 units at $19.80 each

Bridgeport uses the FIFO cost formula. All purchases and sales are on account. Ignore any estimated returns on purchases and sales.

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