Question: Current Attempt in Progress Vaughn has the following inventory information. July 1 Beginning Inventory 20 units at $19 $380 7 Purchases 90 units at

Current Attempt in Progress Vaughn has the following inventory information. July 1

Current Attempt in Progress Vaughn has the following inventory information. July 1 Beginning Inventory 20 units at $19 $380 7 Purchases 90 units at $23 2070 22 Purchases 20 units at $19 380 $2830 A physical count of merchandise inventory on July 31 reveals that there are 35 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $2218 O$2105 O $2144 $2105

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