Question: George Company uses the weighted average inventory method. Information regarding the only inventory item, widgets for the month of April follows: Beginning inventory: 100 units,

George Company uses the weighted average inventory method. Information regarding the only inventory item, widgets for the month of April follows:

Beginning inventory: 100 units, $10 each

April 10: Purchased 100 units @ $11 each

April 20: Purchased 250 units @ $12 each

April 25: sold 150 widgets

Ending inventory using the weighted average inventory method for the month of April would be

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