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Question 10 of 40 View Policies Current Attempt in Progress Financial information is presented below:...

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Accounting

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Question 10 of 40 View Policies Current Attempt in Progress Financial information is presented below: $33000 8000 Operating expenses Sales returns and allowances Sales discounts Sales revenue Cost of goods sold 3000 172000 97000 The gross profit rate would be O 0.45 O 0.61. O 0.40. O 0.37. Save for Later Current Attempt in Progress Bramble Corp. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1. 2022 Purchase 106 $44 Mar 14, 2022 Purchase 182 $46 May 1, 2022 Purchase $48 129 The company sold 300 units at $62 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, and operating expenses of $1764, what is the company's after-tax income using LIFO? O $2778.00 O $22568 O $3224.00 O $1944.60

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