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The following transactions took place in October for Roland Corporation. The opening inventory was 120 units purchased for $174 each. October 5th sold 40 units

The following transactions took place in October for Roland Corporation. The opening inventory was 120 units purchased for $174 each.

October 5th	sold 40 units
October 7th	purchased 76 units for $90 each

Under a perpetual weighted average system, what is the cost of goods sold for October?

Select one:

a. $6960

b. $20880

c. $3600

d. $5657

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