Inventory Costing Methods-Perpetual Method The following information is for the Vista Company for the year;...
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Inventory Costing Methods-Perpetual Method The following information is for the Vista Company for the year; the company sells just one product: Beginning Inventory Jan. 1 Purchases: Feb. 11 May 18 Oct. 23 March 1 July 1 Sales: Calculate the value of ending inventory and cost of goods sold using the perpetual method and (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Do not round until your final answers. Round your final answers to the nearest dollar. A. First-in, First-out: $ Ending Inventory Cost of goods sold $ B. Last-in, first-out: Ending Inventory S Cost of goods sold $ C. Weighted Average $ Ending Inventory Cost of goods sold $ Check Unit Units Cost 200 $10 500 14 400 17 100 18 400 380 0 0 0 0 0 W
Inventory Costing Methods-Perpetual Method The following information is for the Vista Company for the year; the company sells just one product: Calculate the value of ending inventory and cost of goods sold using the perpetual method and (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Do not round until your final answers. Round your final answers to the nearest dollar
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