Salmone Company reported the following purchases and sales of its only product Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using FIFO Units Sold at RetaiE Units Acquired at Cost 330 units $18 310 units$20 May 1 Beginning Inventory 5 Purchase 18 Sales 15 Purchase 4 Sales 230 units $28 190 units $21 180 units $29 Muhiple Choice $7.540 8 590 7.750 O s8.260