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Vaughn Manufacturing has the following data related to an item of inventory: Inventory, March 1 Purchase, March 71390 units $2.00 Purchase, March 16 Inventory, March

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Vaughn Manufacturing has the following data related to an item of inventory: Inventory, March 1 Purchase, March 71390 units $2.00 Purchase, March 16 Inventory, March 31 590 units 380 units $1.90 240 units $2.30 The value assigned to cost of goods sold if Vaughn uses FIFO is $2854. $2802 $1142 $1198

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