Vaughn Corporation began operations on December 1 , 2 0 2 4 The only inventory transaction in 2 0 2 4 was the purchase of inventory on December 1 0 , 2 0 2 4 , at a cost of $ 2 4 per unit None of this inventory was sold in 2 0 2 4 Relevant information is as follows Ending inventory units December 3 1 , 2 0 2 4 1 8 0 December 3 1 , 2 0 2 5 , by purchase date December 2 , 2 0 2 5 1 8 0 July 2 0 , 2 0 2 5 5 0 , 2 3 0 During the year, the following purchases and sales were made The company uses the periodic inventory method Determine ending inventory using dollar value LIFO Assume that the December 2 , 2 0 2 5 , purchase cost is the current cost of inventory ( Hint The beginning inventory is the base layer priced at $ 2 4 per unit ) ( Round answer to 0 decimal places, e g 2 , 7 6 0 )

Question

Vaughn Corporation began operations on December 1 , 2 0 2 4   The only inventory transaction in 2 0 2 4 was the purchase of inventory on December 1 0 , 2 0 2 4 , at a cost of $ 2 4 per unit  None of this inventory was sold in 2 0 2 4   Relevant information is as follows  Ending inventory units December 3 1 , 2 0 2 4 1 8 0 December 3 1 , 2 0 2 5 , by purchase date December 2 , 2 0 2 5 1 8 0 July 2 0 , 2 0 2 5 5 0 , 2 3 0 During the year, the following purchases and sales were made  The company uses the periodic inventory method  Determine ending inventory using dollar   value LIFO  Assume that the December 2 , 2 0 2 5 , purchase cost is the current cost of inventory  ( Hint  The beginning inventory is the base layer priced at $ 2 4 per unit  ) ( Round answer to 0 decimal places, e   g   2 , 7 6 0   )

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Vaughn Corporation began operations on December 1 , 2 0 2 4 . The only inventory transaction in 2 0 2 4 was the purchase

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