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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 1,060 600
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 1,060 600 880 590 Unit Cont $7.12 7.30 7.42 7.68 Marvin sold 2.200 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 516,060 $15,664 Marvin sold 2,200 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 dolor amount. Round weighted average unit cost to 4 decimals if necessary) Multiple Choice $16,060 $15,664 $16,158 $16,235 Prov 6.15 Next >
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