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Help Save 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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Help Save 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 using FIFO. Units Sold at Retail Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 182 units @ $10 - $1,820 252 units @ $12 - $3,024 172 units $20 132 units @ $13 = $1,716 122 units @ $21 Multiple Choice $3,396 $3,164 Multiple Choice $3,396 30 $3,164 $6,560 $3.006 $3,266 Next > 18 of 34

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