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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
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 980 540 760 540 Unit Cost $7.21 7.61 8.08 8.48 Marvin sold 1,930 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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