9 TB MC Qu. 05-135 (Algo) A company has the following... 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 February 1 February 3 February 5 Activities Beginning inventory Purchase Sales Units Acquired at Cost 10 units @ $29 = $290 Units Sold at Retail 20 units @ $31 = $620 12 units sold dook Ack Multiple Choice Ave O O 1348 $352 $290 $330 $368