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 sing the Perpetual weighted average method, what is the value of cost of goods sold? (Round weighted average costs per unit to 2 decimal place Multiple Choice $40.00 $59.00