apter 4,5,6 & 7 i Submitted 81.74/100 Total points Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the inventory using FIFO. Units Sold at Retail Date May 1 5 10 Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Cost 150 units @ $10.00 220 units @ $12.00 140 units @ $20.00 15 100 units @ $13.00 24 90 units @ $21.00 Multiple Choice