Concord Corporation is a retailer operating in Calgary, Alberta. Concord uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Concord for the month of January 2022.

Date Description Quantity Unit Cost or Selling Price

Dec. 31 Ending inventory 175 $20

Jan. 2 Purchase 105 28

Jan. 6 Sale 193 44

Jan. 9 Purchase 58 25

Jan. 10 Sale 50 41

Jan. 23 Purchase 105 27

Jan. 30 Sale 125 47

Calculate the average cost for each unit