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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 of Units 950
Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar.10 Purchase Mar.16 Purchase Mar. 23 Purchase Number of Units 950 510 780 580 Unit Cost $7.29 7.73 8.14 8.54 Marvin sold 1,940 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.)
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