Question: ams 2 (Chapter 4 through 7) Question 10 4 pts Salmone Company reported the following purchases and sales of its only product. Salmone uses
ams 2 (Chapter 4 through 7) Question 10 4 pts Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to ending inventory using LIFO Date Units Acquired at Cost Units Sold at Retail May 1 Beginning inventory 152 units @ $10-$1,520 Activities May 5 Purchase i May 10 Sales 222 units @$12-$2.664 142 units @ $20 102 units @ $13-$1,326 92 units $21 May 15 Purchase May 24 Sales $3,232 O $2.308 $3,600 O $2.130 O $2,600 Previous E 4 no R 26 810 dtv 10 G T Y 9 B Next> D F G H J 9 X C wand > 1 A K B N M 0
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