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Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were

Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows:

Quantity Unit Cost Total Cost
Beginning inventory (Jan. 1) 17 $ 8 $ 136
Purchase (Jan. 11) 9 $ 14 126
Purchase (Jan. 20) 20 $ 16 320
Total 46 $ 582

On January 14, Beech Soda, Inc. sold 22 units of this product. The other 24 units remained in inventory at January 31. Assuming that Beech Soda uses the average cost flow assumption, the cost of goods sold to be recorded at January 14 is: (Round your intermediate calculation to one decimal place and final answer to the nearest cent).

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