Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO. Date May 1 May 5 May 10 May 15 May 24 Beginning inventory Purchase Sales Purchase Sales Multiple Choice $2,954 $3,084 Activities $2,694 Units Acquired at Cost 158 units @ $10 = $1,580 228 units @ $12 = $2,736 108 units @ $13= $1,404 Units Sold at Retail 148 units @ $20 98 units @ $21

Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using Fifo. Mutiple Choice 32.054 33.084 $2.694 Salmone Company reported the following purchases and sales of its only product Salmone uses a perpetual inventory system. Determine the cost assigned to the onding inventory using FiFO nos: sages