Question: Bramble Appliance uses a perpetual inventory system. For its flat - screen television sets, the January 1 inventory was 3 sets at $ 6 1
Bramble Appliance uses a perpetual inventory system. For its flatscreen television sets, the January inventory was sets at
$ each. On January Bramble purchased units at $ each. The company sold units on January and units on January
a
Your answer is correct.
Compute the ending inventory under FIFO.
FIFO
The ending inventory $
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b
Your answer is correct.
Compute the ending inventory under LIFO.
LIFO
The ending inventory $
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c
Compute the ending inventory under movingaverage cost. Round averagecost per unit to decimal places, eg and final
answer to decimal places, eg
MOVINGAVERAGE COST
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