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Date Transaction July 1 Beginning inventory July 25 Purchase Number of Units 520 380 Unit Cost $2.31 2.66 Water Inc. sold 550 units of inventory

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Date Transaction July 1 Beginning inventory July 25 Purchase Number of Units 520 380 Unit Cost $2.31 2.66 Water Inc. sold 550 units of inventory during the month. Ending inventory assuming weighted average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.) $860. $940. $870. $828

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