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A company had the following purchases and sales during its first month of operations January 1 Purchased 10 units at $4.00 per unit January 9

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A company had the following purchases and sales during its first month of operations January 1 Purchased 10 units at $4.00 per unit January 9 Sold 6 units at $12.00 per unit January 17 Purchased 8 units at $5.50 per unit January 27 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.) Mutiple Choice 0 54000 o 559.00 525.00 $24.00

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