Question: Help please will thumbs up! Multiple Choice Question 97 Bramble Industries had the following inventory transactions occur during 2018: Units Cost/unit 2/1/18 Purchase 51 3/14/18
Multiple Choice Question 97 Bramble Industries had the following inventory transactions occur during 2018: Units Cost/unit 2/1/18 Purchase 51 3/14/18 Purchase 97 5/1/18 Purchase 66 $45 $44 $46 The company sold 156 units at $80 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using LIFO? (rounded to whole dollars) $9114 $5718 5484 $9348
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