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Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 900 $ 7.26 Mar. 10 Purchase

Inventory records for Marvin Company revealed the following:

Date Transaction Number of Units Unit Cost
Mar. 1 Beginning inventory 900 $ 7.26
Mar. 10 Purchase 530 7.72
Mar. 16 Purchase 730 8.16
Mar. 23 Purchase 600 8.56

Marvin sold 1,770 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

$12,250.

$15,151.

$14,531.

$13,400.

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