• GHI Company uses the moving average cost method for inventory valuation. Given the following inventory data:

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• Beginning inventory: 100 units at $10 per unit
• Purchase on March 15: 200 units at $12 per unit
• Purchase on March 25: 150 units at $15 per unit
• Sale on March 20: 200 units Calculate the cost of goods sold and ending inventory using the moving average cost method.