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27) Inventory records for Marvin Company revealed the following: Date Mar. Mar. Mar. Mar. Transaction 1Beginning Inventory 10Purchase 16Purchase 23Purchase Number of Units 1,000 600

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27) Inventory records for Marvin Company revealed the following: Date Mar. Mar. Mar. Mar. Transaction 1Beginning Inventory 10Purchase 16Purchase 23Purchase Number of Units 1,000 600 800 600 Unit Cost $ 7.20 7.25 7.30 7.35 Marvin sold 2,300 units of inventory during the month. Ending inventory assuming FIFO would be: A) $5,140. B) $5,080. C) $5,060. D) $5,050.1 28) A company acquired an office building on three acres of land for a lump-sum price of $2,400,000. The building was completely equipped. According to independent appraisals, the fair values were $1.300.000. $780,000, and $520,000 for the building, land, and equipment

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