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Inventory information for Part 311 of Vaughn Corp. discloses the following information for the month of June. June 1 Balance June 10 Sold 450 units

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Inventory information for Part 311 of Vaughn Corp. discloses the following information for the month of June. June 1 Balance June 10 Sold 450 units @ $1 1.200 units @ $2 310 units @ $2.40 750 units @ $ 2.50 11 Purchased 15 Sold 20 Purchased 760 units @ $3 27 Sold 440 units @ $2.70 Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO? Gross Profit (FIFO) $

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