X Gradebook X Question 4 - Wk 2 - Apply: Conni X + zto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%2534%252F%252Fvle.phoenix.edu%252Fultra%252Fcourses%252F_2922... 0 irks M Gmail YouTube Maps Other b Apply: Connect Homework [due Day 7] i Saved Help Save & Exit Submit Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using FIFO. Date Activities Units Acquired at Cost Units Sold at Retail May 1 Beginning Inventory 350 units @ $20 5 Purchase 320 units @ $22 10 Sales 240 units @ $30 15 Purchase 200 units @ $23 ook 24 Sales 190 units @ $31 Multiple Choice