Question: Can you please explain how to do it? The following information is taken from the inventory records of Vinton Corporation for the month of August

Can you please explain how to do it?

The following information is taken from the inventory records of Vinton Corporation for the month of August 2018: 13. Assuming Vinton Corporation uses a perpetual inventory system and employs the LIFO method, what is the ending inventory for August 2018 ? A. $9,000. (B) $10,750. C. $14,917. D. $16,150. E. $18,000. 14. Assuming Vinton Corporation uses a periodic inventory system and employs the FIFO method, what is the ending inventory for August 2018

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