Sheffield uses the periodic inventory system. For the current
month, the beginning inventory consisted of 7300 units that cost
$12 each. During the month, the company made two purchases: 2800
units at $13 each and 12100 units at $13.50 each. Sheffield also
sold 13000 units during the month. Using the average cost method,
what is the amount of cost of goods sold for the month?
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