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mine cost of soods sold P6-SA Vista Company lnc had a beginming inventory of 100 units of Prodact RST at a cost of $8 per

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mine cost of soods sold P6-SA Vista Company lnc had a beginming inventory of 100 units of Prodact RST at a cost of $8 per unit. During the year, purchases were nding inventory sing LIPO and average-cast riodic inventory zystem spess financial statemen Feb 20 600 units at $ 9 Aug. 12 400 units at $11 May 5 500 units at $10 Dec. 8 100 units at S1.2 Vista Company uses a periodac inventory system. Sales totaled 1,500 units InstructionS (a) Determine the cost of goods available for sale (b) Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). Prove the accuracy of the cost of goods sold under the FIFO and LIFO (Round average unit cost to three decimal places.) Cost of goods sold FIFO S14,500 LIFO $15,100 Average $14,824

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