Bramble Ltd. (BL) is a retailer of office equipment. The company uses a periodic inventory system and on October 1 had 2,100 units of inventory with a total cost of $39,900. During the month of October, BL had the following inventory-related transactions: Date Oct. 9 (a) 12 17 25 28 Explanation Purchase Purchase Sale Purchase Sale Units 5,300 3,700 (5,300) 4,100 (5,800) Unit Cost/Price Cost of goods available for sale $ $20.00 FIFO 19.50 40.00 19.80 Determine the cost of goods available for sale for the month. 40.00 Total Cost $ $106,000 72,150 81,180 Average Cost

Bramble Ltd. (BL) is a retailer of office equipment. The company uses a periodic inventory system and on October 1 had 2,100 units of inventory with a total cost of $39,900. During the month of October, BL had the following inventory-related transactions: Date Oct. 9 (a) 12 17 25 28 Explanation Purchase Purchase Sale Purchase Sale Units 5,300 3,700 (5,300) 4,100 (5,800) Unit Cost/Price Cost of goods available for sale $ $20.00 FIFO 19.50 40.00 19.80 Determine the cost of goods available for sale for the month. 40.00 Total Cost $ $106,000 72,150 81,180 Average Cost

Name: 44 Bramble Ltd. (BL) is a retailer of office equipment. The company us
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Description: 44 Bramble Ltd. (BL) is a retailer of office equipment. The company uses a periodic inventory system and on October 1 had 2,100 units ofinventory with a total cost of $39,900. During the month of October, BL had the following inventory-related transa

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter11: Work Sheet And Adjusting Entries

Section: Chapter Questions

Problem 3E: Basga Company uses the periodic inventory system. Beginning inventory amounted to 241,072. A...

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