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Given the following data, calculate the value of ending inventory using the average- cost method.
Judicial System
The system of courts that interprets and applies the law in the name of the state to provide justice, resolve disputes, and interpret laws.
Litigation
The process of taking legal action or resolving disputes in court between individuals, businesses, or entities.
Arbitration
A form of alternative dispute resolution where a neutral third-party makes a binding decision to resolve a dispute, avoiding court litigation.
Binding
Describes an agreement, contract, or legal decision that must be adhered to by the parties involved.
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