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LIFO, FIFO, Average-Cost End inventory cost of goods sold gross profit Current Attempt in Progress You have the following information for Vaughn Inc. for the
LIFO, FIFO, Average-Cost
Current Attempt in Progress You have the following information for Vaughn Inc. for the month ended June 30, 2022 Vaughn uses a periodic in Date Quantity Unit Cost or Selling Price Description Beginning inventory June 1 40 $28 June 4 Purchase 135 31 June 10 Sale 110 58 June 11 Sale return 15 58 June 18 Purchase 55 34 June 18 Purchase return 10 34 June 25 Sale 65 64 June 28 Purchase 35 38 (a 1) Your Answer Correct Answer (Used) XYour answer is incorrect End inventory
cost of goods sold
gross profit
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