# 2024 – Vista Company Inc had a beginning inventory of 100 units of Product RST at

Accounting – 2024

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:

 Feb. 20 600 units at \$9 Aug. 12 400 units at \$11 May 5 500 units at \$10 Dec. 8 100 units at \$12

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 \$ [removed] \$ [removed] \$ [removed] The cost of goods sold \$ [removed] \$ [removed] \$ [removed]

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