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Inventory records for Marvin Company revealed the following: DateTransaction Number UNIT COST of Units Mar.1Beginning inventory980$7.23 Mar.10Purchase5407.68 Mar.16Purchase7208.11 Mar.23Purchase6008.51 Marvin sold 1,880 units of inventory
Inventory records for Marvin Company revealed the following:
DateTransaction
Number UNIT COST
of Units
Mar.1Beginning inventory980$7.23
Mar.10Purchase5407.68
Mar.16Purchase7208.11
Mar.23Purchase6008.51
Marvin sold 1,880 units of inventory during the month. Cost of goods sold assuming FIFO would be:(Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)
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