Question: Bramble Corp. uses the periodic inventory system. For the current month, the beginning inventory consisted of 483 units that cost $66 each. During the month,
Bramble Corp. uses the periodic inventory system. For the current month, the beginning inventory consisted of 483 units that cost $66 each. During the month, the company made two purchases: 723 units at $69 each and 358 units at $71 each. Bramble Corp. also sold 1201 units during the month. Using the LIFO method, what is the amount of cost of goods sold for the month?
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