Bramble Company manufactures many products for use in the airline industry. Presented below is information concerning one of its
products, the Orbit.
Compute cost of goods sold, assuming Bramble uses: Round average cost per unit to decimal places, eg and final answers to
decimal places, eg
Cost of goods sold
a Periodic system, FIFO cost flow
$
b Perpetual system, FIFO cost flow
$
c Periodic system, LIFO cost flow
$
d Perpetual system, LIFO cost flow
$
e Periodic system, averagecost flow
$
f Perpetual system, movingaverage cost flow
