MC Qu. 162 Salmone Company reported... 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. Date May 1 5 10 15 24 Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Coat Units Sold at Retail 230 units @ $18 260 units @ $20 180 units @ $28 140 units e $21 130 units @ $29 Multiple Choice $6.330 Multiple Choice $6,330 $6,450 $5,950 $5,740 $6,540