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

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Salmone Company teported the following purchases and sales of its only product . Salmone uses a periodic inventory system. Determine the cost assigned to onding Inventory using LIFO Date Activities Units Acquired at Cost Units Sold at Retail May 1 Beginning Inventory 300 units $15 5 Purchase 295 units @ $17 10 Sales 215 units @ $25 15 Purchase 175 units $18 24 Sales 165 units $26 Mul Choice 59:50 $6.000 Prov 240 Next > O 7 L 4 5 BER 6 8 0 E R T o P D F G . K Ener V B N M Shi

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