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Saved Help Save Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetua/inventory system. Determ the cost assigned to

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Saved Help Save Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetua/inventory system. Determ the cost assigned to cost of goods sold using FIFO. Units Sold at Retail Units Acquired at Cost 300 units @ $15 295 units @ $17 Date May 1 5 10 15 24 Activities Beginning Inventory Purchase Sales Purchase Sales 215 units @ $25 175 units @ $18 165 units @ $26 Multiple Choice $6,805 $5,860 Multiple Choice o $6,805 o $5,860 o $6,625 o $6,040 o $12,665

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