opal: 6211ACCT-2301. Prin of Financial Accounting-55-16501 Ch 05 Videos Stved 16 Required information Part 5 of 8 2 points Date Units Acquired at Cest Units Sold at Retail Unitemory 10 units $ $ 90 15 units 5106 - $ 1500 Aug. 1 Beginning inventory.. Aug 3 Purchases...... Aug. 14 Sales Aug. 17 Purchases....... Aug 28 Purchases Aug 30 Sales ................. 20 units $130 10 25 Suits 25 units 35s eBook 20 units 10 units 300 190 55 units $5.990 23 uns $150 43 units Ask Units available for Good for some Unts sold Print References Knowledge Check 01 A company uses a periodic inventory system. On August 1, the company had 6 items of beginning inventory with a cost of $7 per unit. On August 3, the company purchased 16 units at $14 per unit. Then, on August 5, the company sold 12 units. The 12 units sold consisted of 7 units from the August 3rd purchase and 5 units from the August 1st beginning inventory. Using specific identification, the cost of the 12 units sold is Cost of the units sold