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Current Attempt in Progress Vaughn Manufacturing uses the periodic inventory system. For the current month, the beginning inventory consisted of 481 units that cost
Current Attempt in Progress Vaughn Manufacturing uses the periodic inventory system. For the current month, the beginning inventory consisted of 481 units that cost $61 each. During the month, the company made two purchases: 723 units at $64 each and 361 units at $66 each. Vaughn Manufacturing also sold 1205 units during the month. Using the average cost method, what is the amount of ending inventory? (Round average cost per unit to 2 decimal places, eg. 21.48.) $76566. O $22874. O $23760. $75679.
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