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w Question Completion Status: 1. Salmone Company reported the following purchases and sales of its...

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w Question Completion Status: 1. 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. Date Activities Units Sold at Retail May 1 5 Beginning Inventory Purchase Units Acquired at Cost 150 units @ $10.00 220 units @ $12.00 10 Sales 140 units @ $20.00 90 units @ $21.00 15 Purchase 100 units @ $13.00 24 Sales For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI V S Paragraph Arial !!! !!! > > IP 10pt v Saward Smit Submit to save and submit. Click Save All Artswers to save all answers

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