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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, 100 510 427 510 Unit Cost $7.18 7.68 8.28 8.98 Marvin sold 1,920 units of inventory during the month. Ending inventory assuming FIFO would be: to the nearest dollar amount.)

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