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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

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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 Unit Units Cost 1,000 $7.20 600 7.25 800 7.30 620 7.35 Marvin sold 2,300 units of inventory during the month Cost of goods sold assuming LIFO would be Multiple Choice $16.660 $16.800 $16.760 516,640

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