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Peeke Company uses the periodic method of accounting. Peeke Company has the following inventory information summarizing activity during November: Beginning Inventory 100 units @ $30.00

Peeke Company uses the periodic method of accounting. Peeke Company has the following inventory information summarizing activity during November:

Beginning Inventory

100 units @ $30.00 per unit

Purchase #1

60 units @ $35.00 per unit

Purchase #2

40 units @ $40.00 per unit

Units sold

170 units @ $100 per unit

What cost is assigned to Peeke's ending inventory using Average Cost? Round interim computations to the nearest penny and your final answer to the nearest dollar.

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