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Selected information for Akin Corporation follows: January 1 Beginning inventory is comprised of 7 units @ $20 each April 13 Purchased 8 units @ $22

Selected information for Akin Corporation follows: January 1 Beginning inventory is comprised of 7 units @ $20 each April 13 Purchased 8 units @ $22 each August 31 Purchased 25 units @ $25 each December 31 Sold 30 units What is the cost of sales using the weighted-average costing method? (Round the unit cost to three decimal places.)

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