24. Cost of goods sold is given by A. Beginning inventory- net parchases+ ending inventory B. Beginning inventory+accounts payable-net purchases C. Net D. Beginning inventory+ net purchases-ending inventory E. None of the above The following infomation is tiken from the inventory records of Vinton Corporation for dhe month of August 2018 Date 812018 Begining Inventory 2.000625 88/2018 Purchase 814/2018 Sale 8/182018 Parchase 825/2018 Sale 8/31/2018 Ending Inventory QuantityS 10,000 575 8000) 6,000 5.25 (7,000) 3,000 ing Vinton Corporation uses a perpetualvtor ym and employs the LIFo method what is the cost of goods sold for August 2018 A. $83,250. B. $84,583 C. $85,050 D. $85,750. E. None of the above. 26. Assuming Vinton Corporation uses a perpetual inventory system and employs the FIFO method what is the cost of goods sold for August 2018 A. $83,250. B. $84,583 C. 385,050. D. $85,750. E. None of the above. 27. Assuming Vinton Corporation uses a periodic inventory system and employs the average cust method, what is the cost of goods sold for August 2018 A. $83,250 B. 584 583. C $85.050 D 585,750. E None of the above