Knowledge Check Complete the following knowledge check. The accounting records of The Wildhorse Warehouse show the following data. Jan. 1 Beg. inventory Jan. 7 Sale Jan. 18 Jan. 27 Purchase Sale 40 units at $16 Cost of goods sold $ 20 units 30 units at $21 30 units Determine the cost of goods sold during for January under a perpetual inventory system using average-cost. (Round Cost per unit to three decimal places.)

Knowledge Check Complete the following knowledge check. The accounting records of The Wildhorse Warehouse show the following data. Determine the cost of goods sold during for January under a perpetual inventory system using average-cost. (Round Cost per unit to three decimal places.) Cost of goods soid