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A company uses the periodic inventory system and had the following activity during the current monthly period. November 1: November 5: November 8: November 16:

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A company uses the periodic inventory system and had the following activity during the current monthly period. November 1: November 5: November 8: November 16: November 19: Beginning inventory Purchased Purchased Sold Purchased 112 Units @ $20 112 Units @ $22 62 Units @ $23 174 Units @ $105 75 Units @ $25 Using the weighted average inventory method, the company's ending inventory would be

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