The following lots of a particular commodity were available for sale during the year: 
The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year.
What is the amount of cost of good sold for the year according to the average cost method?
Definitions:
Casual Observation
An informal method of gathering information or data without any structured procedure, often based on spontaneous or unplanned observation of events or behaviors.
Mystification
A process by which the true nature of a social situation or relation is obscured, making it difficult for those involved to understand it or challenge the status quo.
Systematic Observation
A methodical approach to data collection, where researchers observe subjects in their natural environment without intervening or altering conditions.
Casual Observation
An informal method of gathering information based on spontaneous, non-systematic observations.
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