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Inventory records for Marvin Company revealed the following: Date Transaction Number of UnitS UnitCost Mar. 1 Beginning inventory 960 $ 7.28 Mar. 10 Purchase 550
Inventory records for Marvin Company revealed the following:
Date Transaction Number of UnitS UnitCost
Mar. 1 Beginning inventory 960 $ 7.28
Mar. 10 Purchase 550 7.72
Mar. 16 Purchase 740 8.13
Mar. 23 Purchase 520 8.53
Marvin sold 1,890 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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