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TB MC Qu. 05-159 (Algo) Salmone Company reported... Salmone Company reported the following purchases and sales of its only product Salmone uses a perpetuinwestory system.
TB MC Qu. 05-159 (Algo) Salmone Company reported... Salmone Company reported the following purchases and sales of its only product Salmone uses a perpetuinwestory system. Determine the cost assigned to cost of goods sold using Pro Date Activities Units Acquired at Cost Units sold at Retail May 1 Beginning inventory 186 units $10 - 31,860 May 5 Purchase 256 units. 512 = $3,072 Sales 176 units $20 Purchase 136 units $13 = $1,768 May 24 Sales 126 units $21 May 10 May 15 TECH
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