This company uses a perpetual inventory system with a weighted average inventory costing method. The following information is available for the month of April. April 1 On hand, 30 units at $5.00 each $150 8 Purchased 40 units at $5.35 each 214 15 Sold 50 units 22 Purchased 40 units at $5.20 each 208 30 On hand, 60 units What is the cost of ending inventory on April 30th?

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