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 February 5 Activities Beginning inventory Purchase Sales Units Acquired at Cost 10 units @ $16 = $160 2e units @ $20 - 5400 12 units sold Multiple Choice $192 $200 $220