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Saved Date 2.5 points Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual assigned to cost of goods
Saved Date 2.5 points Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual assigned to cost of goods sold using FIFO. May 1 May 5 May 10 May 15 8 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 168 units @ $10 = $1,680 238 units @ $12 = $2,856 03:21:06 Units sold at Retail May 24 Skipped 118 units @ $13 = $1,534 158 unita $20 108 units $21 Multiple Choice $3,214 O $3,084 AZ O $2,856 $ $2,824 Next > O 3 of 34
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