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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 1,050
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 1,050 550 417 530 Unit Cost $ 7.16 7.66 8.26 8.96 Marvin sold 1.890 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.) Multiple Choice O $5,798 O $2,329. O $7,518 $1,339 O
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