Brief Exercise 6-03 CALCULATOR PRINTER VERSION BACK X Your answer is incorrect. Try again. NEX In its first month of operations Vaughn Company made three purchases of merchandise in the following sequence: (1) 330 units at $8 (2) 470 units at $9, and (3) 220 units at $10. Assuming there are 360 units on hand, compute the cost of the ending inventory under the FIFO method and LIFO method. Vaughn uses a periodic inventory system. FIFO LIFO Cost of the ending inventory 2880 3600 Click if you would like to Show Work for this question: Open Show Work