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Inventory records for Capetown, Incorporated revealed the following: Capetown sold 700 units of inventory during the month. What is the cost of goods sold assuming

image text in transcribed Inventory records for Capetown, Incorporated revealed the following: Capetown sold 700 units of inventory during the month. What is the cost of goods sold assuming weighted-average cost? (Round weighted-average unit cost to 4 decimals and round your final answer to the nearest whole dollar.) Multiple Choice $1,711 $1,700 $1,720 $1,708

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