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A company uses the periodic inventory system and had the following activity during the current monthly period. Date November 1 November 5 November 8

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A company uses the periodic inventory system and had the following activity during the current monthly period. Date November 1 November 5 November 8 Activities Beginning inventory Units Acquired at Cost Units Sold at Retail November 16 Purchase Purchase Sales 108 units @ $20 = $2,160 104 units @ $22 = $2,288 $1,242 54 units @ $23 208 units @ $45 Purchase 54 units @ $25 $1,350 November 19 Using the weighted-average inventory method, the company's ending inventory would be:

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