Question: uiz - Required Saved Help Save & EX Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory

uiz - Required Saved Help Save & EX 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 Sold at Retail Units Acquired at Cost 310 units @ $16 300 units @ $18 May 1 5 10 15 24 Activities Beginning Inventory Purchase Sales Purchase Sales 220 units @ $26 180 units @ $19 56 170 units @ $27 Multiple Choice $10,100 $4,860 $5,174 Multiple Choice $10,100 O $4,860 $5,174 $7,880 $6,580

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