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A company's inventory records indicate the following data for the month of July: July 1 Beginning 380 units at $15 each July 5 Purchase 270

A company's inventory records indicate the following data for the month of July:

July 1

Beginning

380 units at $15 each

July 5

Purchase

270 units at $17 each

July 10

Sale

400 units at $50 each

July 20

Purchase

300 units at $22 each

July 25

Sale

400 units at $50 each

If the company uses the weighted average inventory valuation method and the perpetual inventory system, what would be the cost of its ending inventory? (Round average cost per unit to 2 decimals, and final answer to the nearest dollar.)

Purchases

Sales

Balance

Date

Units

Per unit

Total

Units

Per unit

Total

Units

Per unit

Total

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