Vaughn Company uses a periodic inventory system. For April, when the company sold 540 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Ending inventory Units Cost of goods sold 220 380 400 1,000 Unit Cost tA $25 30 33 Total Cost Compute the April 30 inventory and the April cost of goods sold using the LIFO method. $5,500 15000 11,400 $30,100 15100 13,200

Vaughn Company uses a periodic inventory system. For April, when the company sold 540 units, the following information is available. Compute the April 30 imventory and the April cost of goods sold using the LIFO method