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Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 1,070 $ 7.12 Mar. 10 Purchase
Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 1,070 $ 7.12 Mar. 10 Purchase 590 7.30 Mar. 16 Purchase 850 7.41 Mar. 23 Purchase 580 7.60 Marvin sold 2,100 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.) Multiple Choice $15,330. $15,381. $15,451. $14,952
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