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Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 990 $ 7.29 Mar. 10 Purchase
Inventory records for Marvin Company revealed the following:
| Date | Transaction | Number of Units | Unit Cost | |||||
| Mar. | 1 | Beginning inventory | 990 | $ | 7.29 | |||
| Mar. | 10 | Purchase | 520 | 7.79 | ||||
| Mar. | 16 | Purchase | 760 | 8.26 | ||||
| Mar. | 23 | Purchase | 580 | 8.66 | ||||
Marvin sold 1,930 units of inventory during the month. Cost of goods sold assuming FIFO would be:
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Report On Trade Conditions In China
Authors: Harry R. Burrill, Raymond F. Crist
1st Edition
1138617806, 9781138617803
