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2. Ch. 4&5 (120 min.) 1 Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetua/inventory system. Determine the

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2. Ch. 4&5 (120 min.) 1 Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetua/inventory system. Determine the cost assigned to ending Inventory using LIFO. Units Sold at Retail Date May 1 Units Acquired at Cost 300 units @ $15 295 units @ $17 Activities Beginning Inventory Purchase Sales Purchase Sales 215 units @ $25 10 15 24 175 units @ $18 165 units $26 Multiple Choice $12.665 0 $6.460 www.amrocampos pro 1 Install FREE Antivirus Protect the System And Free up 0 $6,040 www.amirocampos po 15 Delete Unused Files Make Your System Safer And Fast O e OO 90

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