Vincent uses a periodic method for inventory

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Reference no: EM13915884

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
10/1	Beginning inventory	62	$25
10/9	Purchase	124	27
10/11	Sale	103	36
10/17	Purchase	103	28
10/22	Sale	62	41
10/25	Purchase	72	30
10/29	Sale	113	42

weighted average cost for unit : 27.540

	LIFO	FIFO	AVERAGE COST
ending inventory
cost of goods sold
gross profit

Reference no: EM13915884

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