Question 3 of 4

Question 3 of 4 View Policies Current Attempt in Progress You have the following information for Van Gogh Inc. for the month ended October 31, 2017. Van Gogh uses a periodic method for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 2S Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Units 120 100 100 70 110 unit Cost or Selling Price $24 26 35 27 29 (b) Compare ending inventory, cost of goods sold, gross profit and gross profit rate results for the three cost flow assumptions. (L IFO, FIFO and Average-cost) B 1 Save for Later Attempts: O of 3 used oword(s) Submit Answer