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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

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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. 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 168 units e $10 - $ 1,680 238 units $12 = $ 2,856 118 units . $13 - $ 1,534 158 units e $20 108 units $21 Multiple Choice $3.430 52.770 $3,300 can

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