Lopez Company uses a weighted-average perpetual inventory system and has the following purchases and sales: Date Activities Units Acquired at Cost Units Sold at Retail October 9 October 22 October 29 Purchase Purchase Sales 10 units @ $50 = $500 15 units @ $52 = $780 12 units sold Calculate Lopez's cost of goods sold for the October 29th sale? (Round average cost per unit to 2 decimal places.) Multiple Choice: $614.40 $780.00 $1,280.00 $150.50