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1. Inventory records for Martin Company revealed the following: Date -> Transaction -> Numberof Units -> Unit Cost Mar. 1, Beginning inventory = 920,
1. Inventory records for Martin Company revealed the following: Date -> Transaction -> Numberof Units -> Unit Cost Mar. 1, Beginning inventory = 920, $7.12 Mar. 10, Purchase = 550, $7.57 Mar. 16, Purchase = 790, $7.99 B Mar. 20 Sold 1940 units @ 15.00 each Mar. 23, Purchase = 590, $8.39 Martin sold 1,940 units of inventory during the month. Cost of goods sold assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount) a. $17,119. b. $16,277. c. $15,497. d. $14,469.
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