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Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 1090 $7.10 Mar. 10 Purchase 510
Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 1090 $7.10 Mar. 10 Purchase 510 $7.33 Mar. 16 Purchase 860 $7.43 Mar. 23 Purchase 530 $7.63 Marvin sold 2200 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.)
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