ion 3 plete er ed out of 9 ion In this part of the final exam, there are 18 questions, worth a total of 26 points. You must answer all of them. When entering a number, just the digits - no dollar signs, percent signs, commas, or decimal points, unless instructed otherwise. The 'select all that apply' questions require more than one correct answer. Ancaster Wholesale Inc. had the following inventory transactions for one month. The company uses a perpetual system and FIFO. All purchases and sales are on account. Use an inventory cost chart and an accounting chart to help you analyze these transactions, and then answer the questions below. May 1 Opening balance May 5 Purchase May 7 Purchase of May 5 items returned to supplier May 10 Sale May 12 Purchase May 17 Sale May 24Purchase Number of items Unit cost or selling price $30 $32 50 25 -5 50 25 20 35 $40 $34 $50 $35