Dudley Wholesale buys peaches from farmers and sells them to canneries. During August 2003, Dudley's inventory records showed the following:

Dudley Wholesale uses the periodic inventory method to account for its inventory, which means that all sales are assumed to occur at the end of the period no matter when they actually occurred. Calculate the cost of goods sold and ending inventory using the following cost flow alternatives. (Calculate unit costs to the nearest cent.) Es) De LEG) 3. Average cost

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Cases Price August 1 Beginning inventory. 4 Purchase 4,100. 1,500 $10.50 11.00 9 Sale... 950 19.95 13. Purchase 1,000 11.00 19 Sale 1,450 19.95 26 Purchase 1,700 11.50 30 Sale 1,900 19.95