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Business, 03.12.2021 17:30 1536468

RJ, Inc. had the following activity for an inventory item during June: Unit Units Cost Beginning inventory 50 $10 Purchase (June 5) 10 16 Purchase (June 15) 30 14 Sale (June 20) 40 Sale (June 25) 20 Purchase (June 30) 10 20 Refer to Exhibit 7-4. Assuming RJ, Inc. uses a periodic weighted average cost flow assumption, ending inventory for June would be

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