Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetua/inventory system. Determine the cost assigned to ending inventory using LIFO. Date Activities Units Acquired at Cost Units Sold at Retail May 1 Beginning inventory 172 units @ $10 = $1,720 May 5 Purchase 242 units @ $12 = $2,904 May 10 Sales 162 units @ $20 May 15 Purchase 122 units @ $13 = $1,586 May 24 Sales 112 units @ $21 Multiple Choice $6.210 $2.680 $2.810 A a CH dtv - 9 Stevens Saved Help Save & E Multiple Choice $6.210 $2.680 $2,810 $3,530 $3,410 Prev 23 of 40 w Next > 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 Units Acquired at Cost 160 units @ $10 = $ 1,600 230 units @ $12 = $ 2,760 Date May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales 150 units @ $20 110 units @ $13 = $ 1,430 100 units @ $21 Multiple Choice 53,110 $2,550 $2,690 a Multiple Choice $3,310 $2,560 $2690 $3,100 53,230 LO