Twenty units were sold on july 3 and 60 units were sold on, Ask an Expert

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Stephanie Stores uses the moving average flow assumption. On July 1, there were 180 units on hand and the total inventory cost was $900. On July 10, 40 more units were purchased at a cost of $6 apiece. Twenty units were sold on July 3 and 60 units were sold on July 17. What was the total cost of the units sold on July 17?

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