Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using FIFO. 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 174 units @ $10 - $1,740 244 units @ $12 1$2,928 164 units @ $20 124 units $13 = $1,612 114 units @ $21 $3,162 les $2.902 $6,280 $3,292 $2.988