Question: Bramble Corp. has the following inventory data: July 1 Beginning inventory 29 units at $19 $551 7 Purchases 103 units at $20 2060 22 Purchases
Bramble Corp. has the following inventory data: July 1 Beginning inventory 29 units at $19 $551 7 Purchases 103 units at $20 2060 22 Purchases 15 units at $22 330 $2941 A physical count of merchandise inventory on July 30 reveals that there are 47 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is
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