Inventory data for Bramble Company are reported as follows. Date June 1 12 23 30 Explanation Units Inventory Purchase Purchase Inventory 200 600 350 130 Unit Cost Calculate cost of goods available for sale. $7 8 9 Total Cost $1,400 4,800 3,150 Assume a sale of 650 units occurred on June 15 for a selling price of $

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Inventory data for Bramble Company are reported as follows.
Date
June 1
12
23
30
Explanation Units
Inventory
Purchase
Purchase
Inventory
200
600
350
130
Unit
Cost
Calculate cost of goods available for sale.
$7
8
9
Total Cost
$1,400
4,800
3,150
Assume a sale of 650 units occurred on June 15 for a selling price of $
Transcribed Image Text:Inventory data for Bramble Company are reported as follows. Date June 1 12 23 30 Explanation Units Inventory Purchase Purchase Inventory 200 600 350 130 Unit Cost Calculate cost of goods available for sale. $7 8 9 Total Cost $1,400 4,800 3,150 Assume a sale of 650 units occurred on June 15 for a selling price of $
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