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o o o o htte last TRE TH * * n a r hread ales Luis wy . 30 Samore Company reported the following purchases

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o o o o htte last TRE TH * * n a r hread ales Luis wy . 30 Samore Company reported the following purchases and sales of its only product Salmone uses a periodic Inventory system. Determine the cost assigned to cost of goods sold using FIFO Date Activities Units Acquired at Cost Unita Sold at Retail May 1 Beginning inventory 166 units $10 - $1,560 May 5 Purchase 236 unita $12 - $2,832 May 10 Sales 156 units . $20 Purchase 116 units # $13 = $1,508 May 24 Sales 106 units $21 May 15 Murple Choice $2.802 33.260 O $3.300 51250

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