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Vaughn Companys record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 690 @ $6.00 April 3

Vaughn Companys record of transactions for the month of April was as follows.

Purchases

Sales

April 1 (balance on hand) 690 @ $6.00 April 3 575 @ $10.00
4 1,725 @ 6.09 9 1,610 @ 10.00
8 920 @ 6.40 11 690 @ 11.00
13 1,380 @ 6.60 23 1,380 @ 11.00
21 805 @ 6.70 27 1,035 @ 12.00
29 575 @ 6.87 5,290
6,095

Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO.

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