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Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 1,020 $7.16 Mar.10 Purchase 570 7.66
Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 1,020 $7.16 Mar.10 Purchase 570 7.66 Mar.16 Purchase 411 8.26 Mar.23 Purchase 540 8.96 Marvin sold 1,880 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) $9,369. $1,289. $7,303. $5,838
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