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You are provided with the following information for Vaughn Inc. for the month ended June 30, 202. Vaughn uses the periodic method for inventory. Date

You are provided with the following information for Vaughn Inc. for the month ended June 30, 202. Vaughn uses the periodic method for inventory.

Date Description Unit Cost Selling Pric Quantity June 1 Beginning inventory 44 $39 June 4 Purchase 139 44 June 10 Sale 107 73 June 11 Sale return 18 73 June 18 Purchase 58 47 June 18 Purchase return 12 47 June 25 Sale 66 79 June 28 Purchase 28 51 - Date Description Unit Cost Selling Pric Quantity June 1 Beginning inventory 44 $39 June 4 Purchase 139 44 June 10 Sale 107 73 June 11 Sale return 18 73 June 18 Purchase 58 47 June 18 Purchase return 12 47 June 25 Sale 66 79 June 28 Purchase 28 51

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