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Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 940 $7.20 Mar.10 Purchase 540 7.66

Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 940 $7.20 Mar.10 Purchase 540 7.66 Mar.16 Purchase. 740 8.14 Mar.23 Purchase 560 8.54 Marvin sold 1,840 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 $14,685 $15,714 $14,942

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