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In its first month of operations, Bramble Company made three purchases of merchandise in the following sequence: (1) 330 units at $6,(2) 410 units at

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In its first month of operations, Bramble Company made three purchases of merchandise in the following sequence: (1) 330 units at $6,(2) 410 units at $7, and (3) 250 units at $8. Assuming there are 360 units on hand, compute the cost of the ending inventory under the FIFO method and LIFO method. Bramble uses a periodic inventory system. FIFO LIFO Cost of the ending inventory $ $

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