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Current Attempt in Progress Bramble Co. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units
Current Attempt in Progress Bramble Co. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Unit Cost Units Total Cost 36 $12 May 1 15 Inventory Purchases $432 345 23 15 24 Purchases 37 16 592 Totals 96 $1,369 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO Ending inventory at May 31 $ $ Cost of goods sold $ $
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