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( i ) TB MC Qu . 0 5 - 1 0 9 ( Algo ) Marquis Company uses... Marquis Company uses a weighted -

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TB MC Qu.05-109(Algo) Marquis Company uses...
Marquis Company uses a weighted-average perpetual Inventory system and has the following purchases and sales:
\table[[Date,Activities,Units Acquired at Cost,Units Sold at Retail],[August 2,Purchase,10 units @ $28=$280,],[August 18,Purchase,15 units @ $30=$450,],[August 29,Sales,,12 units sold]]
What is the amount of the cost of goods sold for this sale? (Round average cost per unit to 2 decimal places.)
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