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Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 1,050 $7.14 Mar.10 Purchase 510
Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 1,050 $7.14 Mar.10 Purchase 510 7.33 Mar.16 Purchase 830 7.44 Mar.23 Purchase 590 7.68 Marvin sold 2,200 units of inventory during the month. Cost of goods sold assuming weighted- average cost would be: (Do not round your intermediate calculations and round your final answer to nearest dollar amount. Round-weighted-average unit cost to 4 decimals if necessary.) Multiple Choice $16,126. O $16,275. $15,708 $16,199
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