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Vaughn Company had 100 units in beginning inventory at a total cost of $10,000. The company purchased 200 units at a total cost of $26,000.
Vaughn Company had 100 units in beginning inventory at a total cost of $10,000. The company purchased 200 units at a total cost of $26,000. At the end of the year, Vaughn had 66 units in ending inventory. (a) x Your answer is incorrect. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round average-cost per unit and final answers to 0 decimal places, e.g. 1,250.) FIFO LIFO Average-cost $ $ 7,800 $ $ 6,000 $ 7,200 The cost of the ending inventory The cost of goods sold $ 28,200 $ $ 30,000 $ $ 28,800 e Textbook and Media Save for Later Attempts: 1 of 2 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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