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Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: August 2 12 units were purchased at $3 per unit.

Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: August 2 12 units were purchased at $3 per unit. August 18 17 units were purchased at $5 per unit. August 29 14 units were sold. What is the amount of the cost of goods sold for this sale? (Round average cost per unit to 2 decimal places.)

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