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2.A company had the following purchases and sales during its first month of operations: January 1Purchased 10 units at $4.00 per unitJanuary 9Sold 6 units
2.A company had the following purchases and sales during its first month of operations:
January 1Purchased 10 units at $4.00 per unitJanuary 9Sold 6 units at $12.00 per unitJanuary 17Purchased 8 units at $5.50 per unitJanuary 27Sold 7 units at $12.00 per unit
Using thePeriodicweighted average method, what is the value of cost of goods sold?(Round weighted average cost per unit to 2 decimal places, and final answer to the nearest whole dollar.)
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