i

TB MC Qu$.05-135($Algo$)$ A company has the following...

A company has the following purchases and sales during February. Using the FIFO perlodic inventory method, what is the cost of the $12$ units that are sold?

$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units Sold at Retail$],[$February $1,$Beginning inventory,$10$ units @ $$17=$$$170,],[$February $3,$Purchase,$20$ units@ $$19=$$$380,],[$February $5,$Sales,,$12$ units sold$]]$