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Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar. 23 Purchase Number Unit
Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar. 23 Purchase Number Unit of Units Cost 970 $7.29 530 7.79 468 8.39 530 9.09 Marvin sold 1,840 units of inventory during the month. Ending inventory assuming FIFO I would be (Do not round your intermediate calculations. Round your answer to the nearest dollar amount): $5,892 $10,223 $7,071 $1,414 Prev Next
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