Given the following data, calculate cost of goods sold using the FIFO costing method. Date Item Unit 1/1 2/25 5/20 33 units at $8 per Beginning inventory lunit Purchase of 12 units at $10 per inventory unit Purchase of 25 units at $14 per inventory unit Purchase of 5 units at $12 per Jinventory unit Purchase of 12 units at $18 per inventory Ending inventory 18 units 8/15 lunit 10/17 12/31