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Question 12 Mariah uses a perpetual inventory system. The company's beginning inventory of a...

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Accounting

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.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:
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