5) A company had the following purchases and sales during its first month of operations: January 1 January 9 January 17 January 27 Purchased 10 units at $4.00 per unit Sold 6 units at $12.00 per unit Purchased 8 units at $5.50 per unit Sold 7 units at $12.00 per unit Using the perpetual weighted average method, what is the value of cost of goods sold? (Round weighted average costs per unit to 2 decimal places.) A) $40.00 B) $59.00 C) $25.00 D) $24.00. E) $23.35. 6) A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2, they purchased 10 units at $22 each. On November 6 they purchased 6 units at $25 each. On November 8, 8 units were sold for $55 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? A) $304 B) $296 C) $288 D) $280 E) $276