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A company just starting its business made the following four inventory purchases in June: On June 25 , the company made its first sale when

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A company just starting its business made the following four inventory purchases in June: On June 25 , the company made its first sale when a local customer purchased 710 units for $3,500. The company uses a perpetual inventory system. Using the average cost formula, the cost of the ending inventory on June 30 is $1373,50 $1404,10 $2333.00. $3048.50

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