Question: View Policies Current Attempt in Progress Bramble Inc. uses a perpetual inventory system. Its records show the following for the month of May Unit

View Policies Current Attempt in Progress Bramble Inc. uses a perpetual inventory system. Its records show the following for the month of May Unit

View Policies Current Attempt in Progress Bramble Inc. uses a perpetual inventory system. Its records show the following for the month of May Unit Total Date Explanation Units Cost Cost May 1 Inventory 28 $11 $308 May May 18 May 24 222 15 Purchase 26 12 312 Sale (46) Purchase 44 13 572 Total 98 $1,192 (a) Calculate the cost of goods sold for May and the ending inventory at May 31 using the FIFO formula. Cost of goods sold

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