19 A company has the following purchases and sales during February. Using the FIFO periodic inventory...

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19 A company has the following purchases and sales during February. Using the FIFO periodic inventory method, what is the cost of the 12 units that are sold? Date Activities February 1 Beginning inventory February 3 February 5 Purchase Sales Units Acquired at Cost 10 units @ $26-$260 20 units $28 = $560 Units Sold at Retail 12 units sold Multiple Choice $3 $332 5312 5272 $306 19 A company has the following purchases and sales during February. Using the FIFO periodic inventory method, what is the cost of the 12 units that are sold? Date Activities February 1 Beginning inventory February 3 February 5 Purchase Sales Units Acquired at Cost 10 units @ $26-$260 20 units $28 = $560 Units Sold at Retail 12 units sold Multiple Choice $3 $332 5312 5272 $306