Question: Bramble Appliance uses a perpetual inventory system. For its flat - screen television sets, the January 1 inventory was 3 sets at $ 4 6

 Bramble Appliance uses a perpetual inventory system. For its flat-screen television

Bramble Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at $460 each. On January 10, Bramble purchased 6 units at $530 each. The company sold 2 units on January 8 and 5 units on January 15.
(a)
Compute the ending inventory under FIFO.
The ending inventory $
FIFO
sets, the January 1 inventory was 3 sets at $460 each. On

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