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Concord Company has the following inventory information. July 1 5 14 Beginning Inventory Purchases Sale Purchases Sale 20 units at $100 60 units at $90

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Concord Company has the following inventory information. July 1 5 14 Beginning Inventory Purchases Sale Purchases Sale 20 units at $100 60 units at $90 40 units 20 units at $100 20 units 21 30 Assuming that a perpetual inventory system is used, what is the ending inventory (round all calculations to nearest dollar) under the moving-average cost method? O $3867 $3779 $3743 $3800

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