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QUESTION
Accounting
Vista Company Inc. had a beginning inventory of 100 units of Product RST at a cost of $8 per unit. During the year, purchases were:
Vista Company Inc. uses a periodic inventory system. Sales totaled 1,500 units.
Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to 0 decimal places, e.g. 150.)
FIFO
LIFO
AVERAGE-COST
The ending inventory $ $ $The cost of goods sold $ $ $