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Inventory records for Marvin Company revealed the following: Number of Unit Date: Transaction Units Cost Mar. 1 Beginning inventory I 990 $7.20 Mar.10 Purchase 570
Inventory records for Marvin Company revealed the following: Number of Unit Date: Transaction Units Cost Mar. 1 Beginning inventory I 990 $7.20 Mar.10 Purchase 570 7.68 Mar.16 Purchase 730 530 8.10 8.50 Mar.23 Purchase Marvin sold 1,940 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 C $13,834. $16,490. $15 5AA
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