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Inventory Costing Methods-Periodic Method The following information is for the Vista Company, the company selts just one product 510 500 Units Unit Cost Beginning inventory
Inventory Costing Methods-Periodic Method The following information is for the Vista Company, the company selts just one product 510 500 Units Unit Cost Beginning inventory Jan 1 200 Purchases Feb. 11 14 400 17 Oct 23 100 18 Sales: March! 400 July 1 380 May 18 Calculate the value of ending inventory and cost of goods sold using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted average cost method, Do not round until your final answers, Round your final answers to the nearest dollar, A Fistin Forst-out Ending inventory 7240 Cost of goods sold 10,260 B. Last in first-out Ending inventory $ 5.500 Cost of goods sold 12.060 C Weighted Average Endir inventory 6672 Cost of goods sold 100
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