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Sanfillipo, Inc., had 800 units of inventory on hand at March 1 of the current...

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Accounting

Sanfillipo, Inc., had 800 units of inventory on hand at March 1 of the current year, costing $20 each. Purchases and sales of inventory during the month of March were as follows:
Date Purchases Sales
March 8600 units
15400 units @ $22 each
22400 units @ $24 each
27400 units
Sanfillipo uses the perpetual inventory system. According to a physical count, 600 units were on hand at the end of March.
The cost of goods sold for March applying the average cost method is:

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