Question: Current Attempt in Progress In its first month of operations, Bramble Company made three purchases of merchandise in the following sequence: (1) 195 units at

Current Attempt in Progress In its first month of operations, Bramble Company made three purchases of merchandise in the following sequence: (1) 195 units at $4, (2) 295 units at $5, and (3) 395 units at $8. Assuming there are 250 units on hand, compute the cost of the ending inventory under (1) the FIFO method and (2) the LIFO method. Bramble uses a periodic inventory system. Cost of Ending Inventory-FIFO Cost of Ending Inventory-LIFO $ $
 Current Attempt in Progress In its first month of operations, Bramble

Current Attempt in Progress In its first month of operations, Bramble Company made three purchases of merchandiste in the following sequence: (1) 195 units at $4 (2) 295 units at 55 , and (3) 395 units at 58 . Assuming there are 250 units an hand, compute the cost of the endirg inventory under (2) the FiFO method and (2) the tro method. Gramble uss a periodic inventory system. Cost of Ending Inventury-rito Cost of Endingtinventory-LIFO

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