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Hedwig Corp. has the following inventory information available for the month of August: Date August 1 Beginning Inventory August 10 Purchases 15 20.00 25 $29.60

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Hedwig Corp. has the following inventory information available for the month of August: Date August 1 Beginning Inventory August 10 Purchases 15 20.00 25 $29.60 Hedwig sold 20 units in August Question: What is the total cost of goods sold for August using the average-cost method? Round average cost per unit to the nearest penny before computing total cost of goods sold. Answer $S

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