Saved Strods Company reported the following purchases and sales for its only product. Strods uses a perpetual inventory system. Determine the cost as Activities Beginning Inventory Units Acquired at Cost Units Sold at Retail Date May 1 270 units$12 280 units $14 5 Purchase 10 Sales 15 Purchase 24 Sales 200 units $22 160 units$15 150 units $23 Multiple Choice $4,840 $4,360 $4,510 $5.050 $5,200 Saved Strods Company reported the following purchases and sales for its only product. Strods uses a perpetual inventory system. Determine the cost as Activities Beginning Inventory Units Acquired at Cost Units Sold at Retail Date May 1 270 units$12 280 units $14 5 Purchase 10 Sales 15 Purchase 24 Sales 200 units $22 160 units$15 150 units $23 Multiple Choice $4,840 $4,360 $4,510 $5.050 $5,200
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