Story Bookmarks Window Help 58% Mon newconnecteducation.com Chapter 8 Quiz Quiz 6 Help Save & Exit Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to the ending Inventory using FIFO Date May 1 5 Activities Beginning Inventory Purchase Sales Purchase Sales Units Acquired at Cost Units Sold at Retail 300 units @ $15 295 units $17 215 units e $25 175 units $18 165 units $26 24 Multiple Choice O $6,625 O $12.665 0 $6,805 MacBook Air