Marquis 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
August 2	Purchase	10 units @ $42 = $420
August 18	Purchase	15 units @ $44 = $660
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.)

Multiple Choice

• $518.40

• $508.00

• $150.50

• $660.00

• $1,080.00