9. A company had the following purchases and sales during its first month of operations:

Date	Activities	Units Acquired at Cost	Units Sold at Retail
January 1	Purchase	10 units @ $4.00 = $40.00
January 9	Sales		6 units @ $12.00
January 17	Purchase	8 units @ $5.50 = $44.00
January 27	Sales		7 units @ $12.00

Using the Periodic weighted average method, what is the value of cost of goods sold? (Round weighted average cost per unit to 2 decimal places.)

A. $37.36.

B. $60.71.

C.$46.70.

D. $23.35.

E. $84.00.

10.) A company's inventory records report the following:

Date	Activities	Units Acquired at Cost	Units Sold at Retail
August 1	Beginning inventory	15 units @ $12 = $180
August 5	Purchase	10 units @ $13 = $130
August 12	Purchase	20 units @ $14 = $280
August 15	Sales		30 units sold

Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?

A. $380

B. $160

C. $140

D. $210

E. $590