4,5,6 Saved Help Save & Ext Su 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 5750 Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 152 units @ $10 = $1,520 222 units @ $12 = $2,664 102 units @ $13 = $1,326 142 units @ $20 92 units @ $21 Multiple Choice $3,006 $2.504 $275 wa ME Multiple Choice O $3,006 $2,504 $2,876 $2,616 $2,886 22. Salmone Company reported the following purchases and sales of its only product Salmone uses a perpetua/inventory system Determine the cost assigned to cost of goods sold using FIFO. Date Activities Units Acquired at Cost Units Sold at Retail May 1 Beginning inventory 178 units @ $10 = $1,780 May 5 Purchase 248 units @ $12 = $2,976 May 10 Sales 168 units @ $20 May 15 Purchase 128 units @ $13 = $1,664 May 24 Sales 118 units @ $21 8 0233 Multiple Choice 5344 $3.075 Multiple Choice O $3,344 O $3,076 $3,214 $2,954 $6,420 AM 2 CH4 5.60 23 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. Units Sold at Retail Date May 1 May 5 May 10 May 15 May 24 2 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 172 units @ $10 = $1,720 242 units @ $12 - $2,904 122 units @ $13 = $1,586 162 units @ $20 112 units @ $21 Multiple Choice 56.210 52.600 o 2.no PER ya Multiple Choice $6,210 $2,680 $2,810 $3,530 $3,410 Salmone Company reported the following purchases and sales for its only product Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using LIFO. Units Sold at Retail Units Acquired at Cost 160 units @ $10 = $ 1,600 230 units @ $12 = $ 2,768 Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales 150 units @ $20 110 units @ $13 = $ 1,430 100 units @ $21 Multiple Choice 53.110 $2.550 $2,690 Me