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Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 930 $ 7.12 Mar. 10 Purchase
Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 930 $ 7.12 Mar. 10 Purchase 560 7.60 Mar. 16 Purchase 710 8.07 Mar. 23 Purchase 590 8.47 Marvin sold 1,810 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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$12,510.
$15,331.
$14,627.Incorrect
$13,460.
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