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A company uses a periodic inventory system. On April 1, the company had 9 items of beginning inventory with a cost of $13 per unit.
A company uses a periodic inventory system. On April 1, the company had 9 items of beginning inventory with a cost of $13 per unit. On April 18, the company purchased 15 units at $14 per unit. Then, on April 29, the company sold 14 units. Using weighted average, the cost of the 14 units sold is closest to _____.
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