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The Following Data Are Available for the Month of April April 1 inventory\text {April 1 inventory}

Question 97

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The following data are available for the month of April for Gore Company: April 1 inventory\text {April 1 inventory} 120\quad 120 units at $8.15 each\text {units at \(\$ 8.15\) each}
April 10 purchase\text {April 10 purchase} 200\quad 200 units at $8.20 each\text {units at \(\$ 8.20\) each}
April 20 purchase\text {April 20 purchase}410\quad 410 units at $8.40 each\text {units at \(\$ 8.40\) each}
April 25 purchase\text {April 25 purchase} 310\quad 310 units at $8.50 each\text {units at \(\$ 8.50\) each} Gore sold 630 units during April.
Compute the value of ending inventory under the weighted-average method. Assume a periodic inventory system.(round per unit cost to the nearest cent, round final answer to the nearest dollar)

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(120 × $8.15)+ (200 × $8.20)+ ...

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