Question 4 of 6 > -/1 E View Policies Current Attempt in Progress Metlock, Inc. began the year with 11 units of marine floats at a cost of $12 each. During the year, it made the following purchases: May 5. 32 unit at $17: July 16, 16 units at $20, and December 7.21 units at $24. Assume there are 24 units on hand at the end of the period, Metlock uses the periodic approach. (a) Determine the cost of goods sold under FIFO. FIFO Cost of wood sold eTextbook and Media for Later Attempts: 0 of 8 used Sutawwir (b) The parts of this question must be completed in order. This part will be available when you complete the part above