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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

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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 1,010 510 890 510 Unit Cost $7.13 7.30 7.48 7.67 Marvin sold 2,000 units of inventory during the month. Cost of goods sold assuming weighted average cost would be: (Do not round your intermediate calculations and round your final answer to nearest dollar amount. Round weighted average unit cost to 4 decimals if necessary) Multiple Choice $14600 514790 $4260

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