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You have the following information for Vincent Inc. for the month ended October 31, 2014. Vincent uses a periodic method for inventory. Date Description units

You have the following information for Vincent Inc. for the month ended October 31, 2014. Vincent uses a periodic method for inventory.

Date Description units unit Cost or Selling price

Oct 1. Beginning inventory 70 $28

Oct 9. Purchase 140 30

11. sale 117 41

17. purchase 117 31

22. sale 70 47

25. purchase 82 34

29. sale 128 47

Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost.(Round answers to 0 decimal place, e.g. 125.)

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