Question: Planet Enterprises sells its product for $ 2 2 . 0 6 per unit and uses the Average Cost, perpetual method for tracking inventory costs.

 Planet Enterprises sells its product for $22.06 per unit and uses
Planet Enterprises sells its product for $22.06 per unit and uses the Average Cost, perpetual method for tracking inventory costs.
The following sequence of events has occurred during the month of September.
\table[[Date,Event],[Sep 1,Beginning Inventory: 80 units @ $12.37/unit],[Sep 3,Purchase 115 units @ $11.2/unit],[Sep 7,Sell 90 units],[Sep 11,Purchase 70 units @ $10.53/unit],[Sep 17,Sell 115 units],[Sep 23,Purchase 80 units @ $ 10.73? unit]]
How much is total Cost of Goods Sold for the entire month of September?
(round all calculations to the hundredths place; enter your answer rounded to the hundredths place)
Answer:
the Average Cost, perpetual method for tracking inventory costs. The following sequence

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