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A business has 100 hair dryers in inventory that cost $20 each. After the purchase of 150 hair dryers at a cost of $25 each,
A business has 100 hair dryers in inventory that cost $20 each. After the purchase of 150 hair dryers at a cost of $25 each, the weighted average cost of the hair dryers in the perpetual record is
A $20.00.
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B $22.50.
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C $23.00.
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D $25.00.
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