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Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 960 $7.15 Mar. 10 Purchase 540
Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 960 $7.15 Mar. 10 Purchase 540 7.65 Mar. 16 Purchase 395 8.25 Mar. 23 Purchase 530 8.95 Marvin sold 1,790 units of inventory during the month. Ending inventory assuming FIFO would be (Do not round your intermediate calculations. Round your answer to the nearest dollar amount): $5,610 $1,156 $6,864 $1,541
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