Question $12$

Mariah uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: GIVE

ANSWERS FOR ALL NUMERIC COMPUTATIONS AS A SINGLE TOTAL DOLLAR AMOUNT WITHOUT USING $ SIGN i$.$e$.60,$ NOT $$60,$ NOT $5$@$$12$

Beginning Inventory $($Jan$\mathrm{.}1)16$ widgets @ $$10$ each

Purchase Jan. $11$

$14$ widgets @ $$16$ each

Sale Jan. $14$

$25$ widgets @ $$27$ each

Assuming that the company uses the FIFO flow assumption, the cost of goods sold to be recorded at January $14$ is: