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Salone company reported the Tohowing purchases and sales or is only product Salmone uses a periodic IVE system. Determine the cost assigned to ending inventory

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Salone company reported the Tohowing purchases and sales or is only product Salmone uses a periodic IVE system. Determine the cost assigned to ending inventory using LIFO. Date Units Sold at Retail Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Cost 300 units @ $15 295 units @ $17 May 1 5 10 15 24 215 units @ $25 175 units @ $18 165 units @ $26 Multiple Choice $4,825 $9,180 $4,825 $9,180 $6,030 $7280 $4,550

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