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Inventory Records for Marvin Company revealed the following: Date Transaction Units. Cost March 1. Beginning Inventory 950 $7.18 March 10. Purchase 530 7.68 March 16.

Inventory Records for Marvin Company revealed the following:

Date Transaction Units. Cost March 1. Beginning Inventory 950 $7.18 March 10. Purchase 530 7.68 March 16. Purchase 456 8.28 March 23. Purchase 510 8.98

Marvin sold 1,820 units of inventory during the month. Ending inventory assuming FIFO would be:

$6,821

$5,540

$1,300

$4,471

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