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You have the following information for Bramble Corp. for the month ended October 31, 2022. Bramble uses a periodic method for inventory Date Description Units
You have the following information for Bramble Corp. for the month ended October 31, 2022. Bramble uses a periodic method for inventory Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 65 Oct. 9 Oct. 11 Purchase Sale Oct. 17 Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale Your answer is correct. Calculate the weighted average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit $ 28.543 e Your answer is partially correct. Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 0 decimal place, e.g. 125.) LIFO FIFO AVERAGE-COST | The ending inventory $ 2615 $ 0 2426 The cost of goods sold $ 7375 $ 0 7564 Gross profit G 0 eTextbook and Media List of Accounts
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