TB MC Qu. 05-160 (Algo) Salmone Company reported... Salmone Company reported the fotowing purchases and sales of its only product Salmone ones a perpetual inventory system. Determine the cost assigned to ending inventory using UFO Date Activities Units Acquired at Cost: Units Sold at Really Beginning inventory 158 units $10 - $1,580 May 5 Purchase 228 units $12 - $2,736 May 10 Sales 148 units $20 May 15 Purchase 108 units 513 = 51,404 May 24 Sales 91 units e $21 May 1 Murple Choice 55720 $21.40 52670 O $3,60 51000 TB MC Qu. 05-159 (Algo) Salmone Company reported... Sulmone Company reported the following purchases and sales of is only product Salmone uses a perpetual inventory system Determine the cost ostigned to cost of goods sold using RFO Units sold at Retail Date May May 5 May 10 May 15 May 24 Activities Beginning inventory Purchase Sales Purchase Sales Units Acquired it Cost 156 units 510 - $1,860 256 units $12 - $3,072 136 units $23.51,760 176 units 520 126 units $21 Mr Choice 51468 o o $1.2012 50 6100