Oriole Inc. uses the average cost formula in a perpetual inventory system. (Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.) Jun 1 Beginning inventory 25 units @$19 per unit Jun 5 Purchase Jun 8 Sale Jun 9 Purchase 100 units @ $22 per unit 70 units 95 units @22.60 per unit Jun 10 Sale 25 units Jun 22 Sale 40 units The cost of goods sold for the June 8 sale is