TB MC Qu. 05-158 Salmone Company reported... 14 Salmone Company reported the following purchases and sales of its only product Salmone uses a perpetua inventory system. Determine the cost assigned to the ending Inventory using FIFO. Units sold at Retail Units Acquired at Cost 300 units $15 295 units @ $17 ( Date Activities May 1 Beginning Inventory 5 Purchase 10 Sales 15 Purchase 24 Sales 03 215 units e $25 175 units $18 165 units $26 24 Sales 14 Multiple Choice points & 00:39:41 $6,805 $5,860 $6,625 $6,040 $6,460 Mc