In its first month of operations, Bramble Company made three purchases of merchandise in the...
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Accounting
In its first month of operations, Bramble Company made three purchases of merchandise in the following sequence: units at $ units at $ and units at $ Assuming there are units on hand, compute the cost of the ending inventory under the FIFO method and the LIFO method. Bramble uses a periodic inventory system.
Cost of Ending InventoryFIFO
$
Cost of Ending InventoryLIFO
$
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