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Maxim Corp. has provided the following information about one of its products: Cost Number of Units per Unit Date 1/1 225 $145 Transaction Beginning Inventory

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Maxim Corp. has provided the following information about one of its products: Cost Number of Units per Unit Date 1/1 225 $145 Transaction Beginning Inventory Purchase Purchase 6/5 11/10 425 125 $165 $205 During the year, Maxim sold 450 units. What is ending inventory using the average cost method? (Do not round intermediate computations.)

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