These Are the Purchases and Sales of Commodity C During $@ \$ 10$

Multiple Choice

These are the purchases and sales of Commodity C during the month of August.A perpetual inventory system is used. Balance on hand 1 August: 10 units $@ \$ 10$ each.
Purchases:
$\begin{array}{lr}\text { Aug 3 } & 10 \text { units } @ \$ 12 \\\text { Aug 12 } & 6 \text { units } \$ 13 \\\text { Aug 25 } & 12 \text { units } @ \$ 10\end{array}$
Sales:
Aug $7 \quad 14$ units
Aug $27 \quad 10$ units The value of the stock of Commodity C at 31 August using the FIFO method of costing inventory is:

A) $140
B) $146
C) $168
D) $182