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7 Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 930 $7.22 3.5 Mar.10 Purchase

7 Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 930 $7.22 3.5 Mar.10 Purchase 570 7.71 points Mar.16 Purchase 770 8.14 Mar.23 Purchase 560 8.54 Marvin sold 1,870 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.) Multiple Choice $12,371. $15,970. $15,228. $14,121

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