During July, Bert Co. purchased merchandise from various suppliers. The company uses a periodic inventory system. The accounting records for the month showed the following information: # of Units Unit Cost Total Cost Beginning Inventory 15 $10 $150 Purchase #1 10 20 200 Purchase #2 5 5 25 Purchase #3 20 12 240 Goods Available for Sale $615 Ending Inventory 27 The Cost of Goods Sold using FIFO is a. $255 b. $305 c. $360 d. $310