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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

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

Select one:

A. $5.

B. $23.

C. $27.

D. $61.

E. $84.

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