At May 1,2020 , Bibby Company had beginning inventory consisting of 100 units with a unit cost of $7. During May, the company purchased inventory as follows: 700 units at $6 600 units at $8 The company sold 1,000 units during the month for $12 per unit. Bibby uses the average cost method. Calculate the cost of goods sold for May. (Answer should be rounded to the nearest dollar, i.e, $6,800.666 should be entered as 6,801 )