Given the following information, determine the cost of goods sold for December 31 using the FIFO periodic inventory method. December 2: 6 units were purchased at $7.10 per unit. December 9: 11 units were purchased at $9.50 per unit. December 11:13 units were sold at $35.10 per unit. December 15:21 units were purchased at $10.25 per unit. December 22:19 units were sold at $35.10 per unit. Multiple Choice $362.35 $319.75 $327.35 $305.14 $300.85