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2,80 Seved Salmone Company reported the following purchases and sales of its only product Salmone uses a perpetual inventory system. Determine the cost assigned to

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2,80 Seved Salmone Company reported the following purchases and sales of its only product Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO. Units Sold at Retail Date Activities May 1 Beginning Inventory 5 Purchase 10 Sales 15 Purchase 24 Sales Units Acquired at Cost 250 units @ $10 270 units @ $12 190 units @ $20 150 units @ $13 140 units @ $21 Multiple Choice $3,860 $3.460 $4.230 $3.590 $4100

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