Beginning Inventory and Purchases Purchased Units Unit Cost Total Cost Beginning Inventory 70 $70 $4,900 1st Purchase 80 $73 $5,840 2nd Purchase 100 $76 $7,600 3rd Purchase 115 $78 $8,970 Units Available For Sale 365 $27,310 Ending Inventory Units on Hand 165 Cost of Units on Hand S Units Sold 200 Cost of Goods Sold $ Using the FIFO method and the information in this image, what is the Cost of Units on Hand and Cost of Goods Sold during this period? a.) Units on Hand: $12,770 O Cost of Goods Sold: $14,540 b.) Units on Hand: $11,880 O Cost of Goods Sold: $15,430 c.) Units on Hand: $19,900 O Cost of Goods Sold: $7,410 d.) Units on Hand: $20,585 O Cost of Goods Sold: $6,725