A company has the following purchases and sales during February. Using the FIFO periodic inventory method, what is the cost of the 12 units the sold? Date February 1 Activities Beginning inventory. Purchase Februasy 3 February 5 Sales Multiple Choice $164 $146 $148 $144 Units Acquired at Cost 10 units $12-$120 20 units $14 - $280 Units Sold at Retail 12 units sold