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Salmone Company reported the following purchases and sales for its only product. Salmone uses a perlodic 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 perlodic inventory system. Determine the cost assigned to cost of goods sold using LIFO Sold at Retail Acquired at 300 units $15 295 units o $17 May 1 Beginning Inventory 5 Purchase 10 Sales 15 Purchase 24 215 units o $25 175 unlts @ $18 Sales 165 units $26 O $6,040 O $6,625 o $6,030 O $s.860 O $6.635

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