Assume that Widgets, Inc. uses a perpetual specific identification inventory system. During the period, it sold 4 units from beginning inventory, 8 units from the Jan. 5 purchase, and 2 units from the Jan. 30 purchases. Calculate the dollar value of its cost of goods sold for the period.

a) $204

b) $246

c) $210

d) $140

Jan 1 Beginning Inventory 10 @ $12 Jan 5 Purchase 10 @ $15 Jan 30 Purchase 10 @ $18 Feb 8 Sale 14 units