Question: Macintosh's Store uses the weighted average cost method in a perpetual inventory system and reported the following inventory information in May 2020: Unit cost Units

Macintosh's Store uses the weighted average cost method in a perpetual inventory system and reported the following inventory information in May 2020:

Unit cost Units
Beg. balance, May 1 $20 20
Purchase, May 10 $22 60
Sale, May 18 40
Purchase, May 25 $23 40

What is the cost of ending inventory at the end of May?

please answer with detailed explanation

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