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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 cost of
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 Retail Dato May 1 May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Salon Units Acquired at Cost 170 units & $10 - $1,700 240 unite e $12 - $2,880 160 units $20 120 units 513 - $1,560 110 units $21
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