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Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 960 $7.27 Mar.10 Purchase 570 7.67
Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 960 $7.27 Mar.10 Purchase 570 7.67 Mar.16 Purchase 710 8.13 Mar 23 Purchase 550 8.53 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.) Multiple Choice $15,847. $16,036. $15,199. $14,197
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