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A company's inventory records indicate the following data for the month of July: July 1 July 5 July 10 Sold July 20 Purchased July 25

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A company's inventory records indicate the following data for the month of July: July 1 July 5 July 10 Sold July 20 Purchased July 25 Sold Beginning Purchased 380 units at $15 each 270 units at $17 each 400 units at $50 each 300 units at $22 each 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, answer to the nearest dollar.)

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