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Vaughn Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 300 $7 $ 2,100 12 Purchase 420

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Vaughn Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 300 $7 $ 2,100 12 Purchase 420 8 3,360 23 Purchase 310 9 2,790 30 Inventory 140 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory Cost of goods sold Save for Later tA tA +A $ $ LA Attempts: 0 of 2 used Submit

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