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Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 970 $ 7.20 Mar. 10 Purchase

Inventory records for Marvin Company revealed the following:

Date Transaction Number of Units Unit Cost
Mar. 1 Beginning inventory 970 $ 7.20
Mar. 10 Purchase 600 7.70
Mar. 16 Purchase 790 8.15
Mar. 23 Purchase 530 8.55

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.)

The following information pertains to Julia & Company:

March 1 Beginning inventory = 29 units @ $5.80
March 3 Purchased 20 units @ 3.80
March 9 Sold 29 units @ 8.30

What is the cost of goods sold for Julia & Company assuming it uses LIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)

Inventory records for Dunbar Incorporated revealed the following:

Date Transaction Number of Units Unit Cost
Apr. 1 Beginning inventory 570 $ 2.50
Apr. 20 Purchase 380 2.61

Dunbar sold 640 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.)

Inventory records for Dunbar Incorporated revealed the following:

Date Transaction Number of Units Unit Cost
Apr. 1 Beginning inventory 470 $ 2.13
Apr. 20 Purchase 340 2.67

Dunbar sold 580 units of inventory during the month. Ending inventory assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)

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