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4 20 points Save Answer Chp 6. [Perpetual FIFO] 4. (20 points) Salmone Company reported the following purchases and sales of its only product. Salmone
4 20 points Save Answer Chp 6. [Perpetual FIFO] 4. (20 points) Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold and Ending Inventory using FIFO. SHOW ALL YOUR WORK FOR FULL CREDIT! Units Sold at Retail 140 units @ $20.00 Date Activities Units Acquired at Cost May 1Beginning Inventory 150 units @ $10.00 5Purchase 220 units @ $12.00 10Sales 15Purchase 100 units @ $13.00 24Sales For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U Paragraph Arial 90 units @ $21.00 14px TIT > A TK 45 Q 6 = ... 1
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