Grays Company has inventory of 24 units at a cost of $12 each on August 1. On August 3, it purchased 34 units at $10 each. 26 units are soldon August 6. Using the FIFO perpetual inventory method, what amount will be reported as cost of goods sold for the 26 units that were sold? Multiple Choice $312. $2 $308. $314 O $624