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? Units Sold at Retail Date February 1 February 3 Activities Beginning inventory Purchase Sales Units Acquired at Cost 10 units @ $23- $230 20 units @ $25 $500 February 5 Mumple Choice C $276 $200 245 5273 R 12 units sold 6 A company's inventory records indicate the following data for the month of Agric Units Acquired at Cost 20 units @ $36-$32,040 770 units @ 540 $30,000 600 units 544 530,160 20:30 Dete April 1 April 7 April 11 April 16 April 22 Activities Beginning inventory Purchase Sale 1,300 units @ $110 400 units @ $110 : The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 300 units from the April 16 purchase, 80 units from the Apri 7 purchase, and 100 units from beginning inventory Purchase Sale Muple Choice O O $21460 $28.900 Units Sold at Retail $22.960 Multiple Choice O O O $28,460. $28,980. $23,960. O $45.650 O $38,480. 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? Units Sold at Retail Date February 1 February 3 Activities Beginning inventory Purchase Sales Units Acquired at Cost 10 units @ $23- $230 20 units @ $25 $500 February 5 Mumple Choice C $276 $200 245 5273 R 12 units sold 6 A company's inventory records indicate the following data for the month of Agric Units Acquired at Cost 20 units @ $36-$32,040 770 units @ 540 $30,000 600 units 544 530,160 20:30 Dete April 1 April 7 April 11 April 16 April 22 Activities Beginning inventory Purchase Sale 1,300 units @ $110 400 units @ $110 : The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 300 units from the April 16 purchase, 80 units from the Apri 7 purchase, and 100 units from beginning inventory Purchase Sale Muple Choice O O $21460 $28.900 Units Sold at Retail $22.960 Multiple Choice O O O $28,460. $28,980. $23,960. O $45.650 O $38,480