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The following is a record of Grouper Companys transactions for the month of May 2017. May 1 Balance 390 units @ $20 May 10 Sale

The following is a record of Grouper Companys transactions for the month of May 2017.

May 1 Balance 390 units @ $20 May 10 Sale 300 units @ $35
12 Purchase 540 units @ $25 20 Sale 490 units @ $35

Compute the cost of ending inventory using the moving-average method.

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