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A company has the following purchases and sales during March. Using the FIFO perpetual inventory method, what was the cost of the 2 2 units

A company has the following purchases and sales during March. Using the FIFO perpetual inventory method, what was the cost of the 22 units sold?
Date Activities Units Acquired at Cost Units Sold at Retail
March 1 Beginning inventory 10 units @ $27= $270
March 2 Purchase 10 units @ $29= $290
March 6 Purchase 6 units @ $32= $192
March 8 Sales 22 units @ $61
Multiple Choice
$624
$651
$597
$752
$688

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