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George's Music Shop has the following information relating to its inventory: # of units cost per unit June 1 Beginning Inventory 10 $6 June 4

George's Music Shop has the following information relating to its inventory:

	# of units	cost per unit
June 1 Beginning Inventory	10	$6
June 4 Purchase	50	$8
June 26 Purchase	20	$9

During June 55 units were sold for $12 each.

Determine the gross profit, assuming George's uses weighted average inventory costing.

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