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6 Ch 08: Homework - REVISED 7 of 11 0/1 Vaughn Company uses a periodic inventory system. For April, when the company sold 540 units,

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6 Ch 08: Homework - REVISED 7 of 11 0/1 Vaughn Company uses a periodic inventory system. For April, when the company sold 540 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 220 $25 $5,500 April 15 purchase 380 30 11,400 April 23 purchase 400 33 13.200 1.000 $30.100 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory $ 7.900 Cost of goods sold S 22.200

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