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Inventory records for Marvin Company revealed the following: Data Transaction Mar. 1 Beginning inventory Mar.10 Purchase Mar.16 Purchase Mar.23 Purchase Number of Units 1,000 550

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Inventory records for Marvin Company revealed the following: Data Transaction Mar. 1 Beginning inventory Mar.10 Purchase Mar.16 Purchase Mar.23 Purchase Number of Units 1,000 550 830 510 Unit Cost $7.17 7.26 7.45 7.65 Marvin sold 2,100 units of inventory during the month. Cost of goods sold assuming weighted-average cost would be: (Do not round your intermediate calculations and round your final answer to nearest dollar amount. Round weighted average unit cost to 4 decimals If necessary.) Multiple Choice $15.057 $15,503 $15.246 $15.440

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