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Question(s) / Instruction(s):

Alfred-David Corporation uses a weighted-average perpetual inventory system. August 2, 5 units were purchased at $12 per unit. August 18, 12 were purchased at $17 per unit. August 29, 10 units were sold. What was the amount of the cost of goods sold for this sale? a) $305 b) $155 c) $125 d) $230 e) $80

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