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Texel Company has the following data related to an item of inventory: Inventory, March 1 100 units @ $2.10 each Purchase, March 7 350

Texel Company has the following data related to an item of inventory: Inventory, March 1 100 units @ $2.10 each Purchase, March 7 350 units @ $2.35 each Sale, March 28 150 units @ $4.00 each Purchase, March 29 50 units @ $2.50 each Using Moving Average (perpetual) what is cost of goods sold?

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