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Inventory records for Marvin Company revealed the following: 9 Number of Units 960 520 393 540 Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase
Inventory records for Marvin Company revealed the following: 9 Number of Units 960 520 393 540 Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar.23 Purchase Unit Cost $7.22 7.72 8.32 9.02 & 03:37:50 Marvin sold 1,770 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $1,147 $6,931 O n
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