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The following information relates to the inventory of ABC Company for the year ended December 31, 2016. Units Per Unit Beginning Inventory 500 $11

The following information relates to the inventory of ABC Company for the year ended December 31, 2016. Units Per Unit Beginning Inventory 500 $11 Purchase March 1 300 9 Purchase June 10 600 14 Purchase October 25 300 16 Purchase December 14 300 15 Ending inventory at December 31 is 700 units. Required: Ending inventory under Weighted Average (WA) is:

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