accounting

13 Milby Corporation purchased three hats to sell during the year. The first purchased in February, cost $5. The second, purchased in April. cost $6. The third purchased in July, cost $8. If Milby sells two hats during the year and uses the FIFO method, what would cost of goods sold be for the year? $14 a) b) $13 $19 c) d) $11 Leave blank Close V