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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 970 590 800 580 Unit Cost $7.15 7.63 8.08 8.48 Marvin sold 2,030 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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