Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:

August 2	23 units were purchased at $4 per unit.
August 18	28 units were purchased at $6 per unit.
August 29	25 units were 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

• $106.50

• $260.00

• $168.00

• $127.50

• $104.00