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Bruce Company has the following inventory data: July 1 5 Beginning inventory Purchases 14 Sale 21 Purchases 30 Sale 46 units at $110 276
Bruce Company has the following inventory data: July 1 5 Beginning inventory Purchases 14 Sale 21 Purchases 30 Sale 46 units at $110 276 units at $103 184 units 138 units at $106 129 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a FIFO basis? O $32561 O $15463 $32653 $15555
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