The Following Data Are Available for One of the Products

The following data are available for one of the products sold by Robey Company, which uses a perpetual inventory system. $\begin{array}{rrl}\text { February } & 1 & \text { On hand, } 10 \text { units at } \$ 2 \text { each } \\&8 & \text { Sold, } 6 \text { units for } \$ 10 \text { each } \\& 14 & \text { Purchased, } 30 \text { units at } \$ 3 \text { each } \\&25 & \text { Sold, } 24 \text { units for } \$ 10 \text { each }\end{array}$

-Refer to the information provided for Robey Company.If the company uses the FIFO method,determine the following amounts:
A)ending inventory on February 28th
B)cost of goods sold for the month of February