17 points Skipped eBook Ask Print References TB MC Qu. 05-160 (Algo) Salmone Company reported... Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to ending inventory using LIFO Date May 1 May 5 May 10 Units Acquired at Cost 178 units@ $10 = $1,780 248 units@ $12= $2,976 May 15 128 units@ $13= $1,664 May 24 Multiple Choice O Activities Beginning inventory Purchase Sales Purchase Sales $6,420 $2,740 $2,870 $3,680 A Units Sold at Retail 168 units @ $20 118 units @ $21

TB MC Qu. 05-160 (Algo) Salmone Company reported... 1250 5% tux