Question: Gala's Store uses the weighted average cost method in a perpetual inventory system and reported the following inventory information in June: Date Transaction Unit cost

Gala's Store uses the weighted average cost method in a perpetual inventory system and reported the following inventory information in June: Date Transaction Unit cost Units June 1 Beginning inventory $22 20 June 6 Purchase $23 80 June 16 Sale 60.

What is the cost of sales for the June 16 sale?

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