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undefined Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to ending

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Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to ending inventory using LIFO. Units Sold at Retail Units Acquired at Cost 250 units @ $10 270 units @ $12 Date May 1 5 10 15 24 Activities Beginning Inventory Purchase Sales Purchase Sales 190 units @ $20 150 units @ $13 140 units @ $21 Multiple Choice O $7,690 $3,460 O $3,590 $4,230 $3,860

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