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Salmone Company reported the following purchases and sales of its only product. assigned to the ending inventory using FIFO. Units Acquired at Cost 210 units
Salmone Company reported the following purchases and sales of its only product. assigned to the ending inventory using FIFO. Units Acquired at Cost 210 units @ $16 250 units @ $18 Date Activities May 1 Beginning Inventory 5 Purchase 10 Sales 15 Purchase 24 Sales 130 units @ $19 Multiple Choice ases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost Units Sold at Retail Inits Acquired at Cost 210 units @ $16 250 units @ $18 170 units @ $26 130 units @ $19 120 units @ $27 O $5,340 O $4,990 O $4,800 $5,530 $5,440
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