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Weaver Corp. has the following inventory information available for the month of March: Date Number of Units Cost per unit March 1 Beginning Inventory 20

Weaver Corp. has the following inventory information available for the month of March:

Date Number of Units Cost per unit
March 1 Beginning Inventory 20 $20.00
March 10 Purchases 30 $25.00

Weaver sold 40 units in March.

Question: What is the total cost of goods sold for March using the average-cost cost method? Round average cost per unit to the nearest penny before computing total cost of goods sold.

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