Bramble Distribution markets CDs of the performing artist Unique. At the beginning of October, Bramble...
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Bramble Distribution markets CDs of the performing artist Unique. At the beginning of October, Bramble had in beginning inventory of Unique's CDs with a unit cost of $ During October, Bramble made the following purchases of Unique's CDs
Oct.
@ $
Oct.
@ $
Oct.
@ $
Oct.
@ $
During October, units were sold. Bramble uses a periodic inventory system.
Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods FIFO LIFO, and averagecostRound answers to O decimal places, eg
tableThe ending inventory $ FIFO LIFOShe cost of goods sold $ AVERAGECOST
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