Question: Question 20 View Policies Current Attempt In Progress Vaughn Manufacturing uses a periodic inventory system. Details for the Inventory account for the month of January

Question 20 View Policies Current Attempt In Progress Vaughn Manufacturing uses a periodic inventory system. Details for the Inventory account for the month of January 2022 are as follows: Units Per unit price Total Balance, 1/1/2022 $5.00 $1550 310 150 150 540 Purchase, 1/15/2022 Purchase, 1/28/2022 810 5.60 840 An end of the month (1/31/2022) Inventory showed that 240 units were on hand. If the company uses FIFO, what is the value of the ending inventory? $1200 $1344 $1326 $1874

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