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You are provided with the following information about Bramble Inc.s inventory for the month of August: Date Description Units Unit Cost Aug. 1 Beginning inventory
You are provided with the following information about Bramble Inc.s inventory for the month of August: Date Description Units Unit Cost Aug. 1 Beginning inventory 50 $90 4 Purchase 180 91 10 Sale (160 ) 18 Purchase 70 94 25 Sale (100 ) 28 Purchase 40 95 Collapse question part (a) Calculate the cost of ending inventory and cost of goods sold using FIFO in (1) a periodic inventory system, and (2) a perpetual inventory system. Periodic Inventory System Perpetual Inventory System Cost of Ending Inventory $ $ Cost of Goods Sold $
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