Vaughn TVs uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at 648.00 each. On January 10, Vaughn purchased 6 units at 700 each. The company sold 2 units on January 8 and 4 units on January 15. Part 1 Your answer is incorrect. Compute the ending inventory under FIFO. (Round answers to O decimal places, e.g. 2,120.) FIFO The ending inventory Part 2 Compute the ending inventory under moving-average cost. (Round average unit cost to 2 decimal places, e.g. 25.16 and final answer to O decimal places, e.g. 2,120.) The ending inventory eTextbook and Media Save for Later MOVING-AVERAGE COST Attempts: 0 of 2 used Submit