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Heat Culture Enterprises had the following inventory data: Date Quantity Unit cost July 1 Beginning inventory 5 $52 July 4 Purchase 10 $55 12

Heat Culture Enterprises had the following inventory data: Date Quantity Unit cost July 1 Beginning inventory 5 $52 July 4 Purchase 10 $55 12 July 7 Sale Assuming average cost, what is the cost of goods sold for July?

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