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Mar. 15 at at July 20 Vaughn Company had a beginning inventory on January 1...

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Accounting

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Mar. 15 at at July 20 Vaughn Company had a beginning inventory on January 1 of 200 units of Product 4-10-15 at a cost of $20 per unit. During the year, the following purchases were made. 430 units $22 Sept. 4 300 units at $26 220 units $20 Dec. 2 100 units at $29 1,030 unit were sold Vaughn Company uses a periodic Inventory system, Determine the cost of goods available for sale. The cost of goods available for sale VIDEOSIRILAR PROBLEM Calcite average cost per unit. (Round answer to 3 decimal places. 1.250.) Average cost per un CALCULATOR PRINTER VERE Calculate average cost per unit. (Round answer to 3 decimal places, e.g. 1.250.) Average cost per unit LINK TO TY Determine (1) rending Inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers places, .g. 1,250.) FIFO LIFO AVERAGE-COST The ending inventory The cost of goods sold which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement? (1) results in the highest inventory amount, produces the highest cost of goods sold

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