3 TB MC Qu. 05.121 (Algo) A company's Inventory... Units sold at Retail 1 points A company's Inventory records report the following: Date Activities August 1 Beginning inventory August 5 Purchase August 12 Purchase August 15 Sales Units Acquired at cost 15 units @ $40 = $620 10 units @ $41 = $410 20 units @ $42 = $840 30 units sold eBook Using the FIFO perpetual Inventory method, what is the value of the inventory at August 15 after the sale? Print 0 Multiple Choice References O $420 $300 $630 O $1,220 $1.850 TB MC Qu. 05.116 (Algo) Grays Company has... 4 Grays Company has the following purchases and sales during the month of August. Using the FIFO perpetual Inventory method, what amount will be reported as cost of goods sold for the 12 units that were sold? Units sold at Retail 1 points Date August 1 August 3 August 6 Activities Beginning inventory Purchase Sales Units Acquired at Cost 10 units @ $36 = $360 20 units @ $38 - $760 12 units sold eBook Multiple Choice 6 References o $436. $452 $414 $416. $390