Question: please explain how you got the units for the second purchase TB MC Qu. 05-163 (Algo) Salmone Company reported the following... Salmone Company reported the

please explain how you got the units for the second purchase
please explain how you got the units for the second purchase TB

TB MC Qu. 05-163 (Algo) Salmone Company reported the following... Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cos assigned to cost of goods sold using FIFO. Date Activities Units Sold at Retail May 1 Beginning inventory Purchase Units Acquired at Cost 180 units @ $10-$1,800 250 units @ $12 = $3,000 May 5 May 10 Sales 170 units @ $20 May 15 Purchase. 130 units @ $13 = $1,690 May 24 Sales 120 units @ $21 Multiple Choice $3,120 O $3,610 $3,730

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