Seri Determ Date Units Sold at Retail Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired at Cost 182 units @ $10 - $1,820 252 units @ $12 - $3,024 May 1 May 5 May 10 May 15 May 24 172 units @ $20 132 units @ $13 - $1,716 122 units @ $21 Multiple Choice $3,396 0 $3,164 $3,266 $3,006 $3.276 Date Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO Activities Units Acquired At Cost Units sold Retail MAY 1 Beginning inventory 162 units $10 - $1,820 May 5 Purchase 252 units 512 - $3,024 May 10 Sales 172 units . $20 May 15 Purchase 132 unita $13 - $1,716 Salen 122 units # $21 25 May 24 Mutiple Choice $3,300 o SAN o $3,206 55.000 O $32