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Inventory records for Marvin Company revealed the following: DateTransactionNumber of UnitsUnit CostMar.1Beginning inventory910$7.12Mar.10Purchase5707.60Mar.16Purchase7508.07Mar.23Purchase6008.47 Marvin sold 1,900 units of inventory during the month. Cost of goods
Inventory records for Marvin Company revealed the following:
DateTransactionNumber
of UnitsUnit
CostMar.1Beginning inventory910$7.12Mar.10Purchase5707.60Mar.16Purchase7508.07Mar.23Purchase6008.47
Marvin sold 1,900 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.)
Multiple Choice
- A : $14,851.
- B: $16,093.
- C: $15,324.
- D: $14,201.
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