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Consider the following information for Maynor Company, which uses a periodic inventory system: January 1 Beginning Inventory 35 March 28 Purchase August 22 Purchase October

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Consider the following information for Maynor Company, which uses a periodic inventory system: January 1 Beginning Inventory 35 March 28 Purchase August 22 Purchase October 14 Purchase Transaction Units Unit Cost Total Cost S 2,975 4,095 6,650 7,575 45 70 75 S 85 91 95 101 Goods Available for Sale 225 $21,295 The company sold 75 units on May 1 and 70 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. (Round the per unit cost to two decimal places and then round your answer to the nearest whole dollar.) a. Weighted Average Ending Inventory Cost of Goods Sold

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