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Vaughn Shutters has the following inventory inforn. Nov. 1 Inventory 40 units @ $9, Nov. 8, 100 unitits@ $5, Nov. 17 Purchase 60 units @

Vaughn Shutters has the following inventory inforn. Nov. 1 Inventory 40 units @ $9, Nov. 8, 100 unitits@ $5, Nov. 17 Purchase 60 units @ $9, Nov. 25 Purchase 70 units @ $7. Aphysical count of merchandise inventory on Nov. 30 revelas that are 70 units on hand. Assume a periodic inventory system is used. Ending inventory under FIFO

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