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Compute the cost of the ending inventory under the fifo

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Question - 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 380 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Bramble uses a periodic inventory system.

Reference no: EM133064530

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