16) The inventory cost flow assumption that generally best matches the physical flow of A) FIFO, B) LIPO C) Weighted average D) Lower of cost and net realizable value. 17) Inventory records for Marvin Company revealed the following: 600 7.25 Date Transaction Number of Mar. 1Beginning Inventory Units Unit Cost Mar. 10Purchase 1,000 $7.20 Mar. 16Purchase Mar. 800 7.30 23Purchase 600 735 Marvin sold 2.300 units of inventory during the month. Cost of goods sold assuming FIFO would be: A) $16.800 B) 516,760 C) 516,540. D) $16,660. 18) Inventory records for Marvin Company revealed the following Date Mr Being Inventory Marche Number of Unite 1.000 600 300 600 Unit Cost $720 7.30 2.0 is of inventory during the month Ending inventory assuming LIVO