Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to cost of goods sold using FIFO. Activities Units Acquired at Cost 170 units $12 230 units $14 Date Units Sold at Retail May Beginning Inventory 5 Purchase 10 Sales 15 Purchase 24 Sales 150 units $22 110 units a $15 100 units $23