Total Cost Based on the following information, inventory cost on the basis of FIFO method will be $1,265. Cost Units Per Unit Aug Beginning Inventory $91 Purchased 15 $106 17 Purchased 20 $115 Total goods and units available for sale 45 1 10 a $910 3 a II 11 $1,590 $2,300 $4,800 Units Selling Price Per Unit $133 $150 Aug 14 Sales 28 Sales Total Goods and Units Sold 20 14 Total Cost $2,660 $2,100 $4,760 @ 34 Units O True O False