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Martinez Corp. uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below. Date Number of Units Unit Price May 7 44

Martinez Corp. uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below.

Date Number of Units Unit Price

May 7 44 $16

July 28 33 21

On June 1, Martinez Corp. sold 22 units, and on August 27, 33 more units.
Find average cost for June 1 and August 27.

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