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Salmone Company reported the following purchases and sales of its only product Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory

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Salmone Company reported the following purchases and sales of its only product Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using UFO. Units Sold at Retail Date May 1 5 1e 15 24 Units Acquired at Cost 220 units @ $17 255 units @ $19 Activities Beginning Inventory Purchase Sales Purchase Sales 175 units @ $27 135 units @ $20 125 units @ $28

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