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3 points eBook Ask Print References TB MC Qu. 05-158 (Algo) Salmone Company reported... Salmone...

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Accounting

3 points eBook Ask Print References TB MC Qu. 05-158 (Algo) Salmone Company reported... Salmone Company reported the following purchases and sales of its only product. Salmone uses a perpetual inventory system. Determine the cost assigned to the ending inventory using FIFO Units Acquired at Cost 152 units@ $10 = $1,520 222 units $12= $2,664 Date May 1 May 5 May 10 May 15 May 24 Beginning inventory Purchase Sales Purchase Sales Multiple Choice $3,006 O $2,504 $2,876 Activities $2,616 102 units @ $13= $1,326 F Units Sold at Retail 142 units@ $20 92 units @ $21
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TB MC Qu, 05-158 (Algo) Ssimone Company reported. inse sives Man puse

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