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Kendall Company uses the perpetual inventory method. On January 1, 2014, Kendall purchased 300 units of inventory that cost $1.00 each. On January 10, 2014,

Kendall Company uses the perpetual inventory method. On January 1, 2014, Kendall purchased 300 units of inventory that cost $1.00 each. On January 10, 2014, the company purchased an additional 400 units of inventory that cost $1.50 each. If Kendall uses the weighted average cost flow method and sells 400 units of inventory, the amount of cost of goods sold appearing on the income statement will be:

A. $450.

B. $529.

C. $514.

D. $600.

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