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Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 960 $7.16 Mar. 10 Purchase 550
Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 960 $7.16 Mar. 10 Purchase 550 7.57 Mar. 16 Purchase 730 7.97 Mar.23 Purchase 510 8.37 Marvin sold 1880 units of inventory during the month. Cost of goods sold assuming Fifo would be: (Do not round your intermediate calculation. Round your answer to the nearest dollar amount.) Multiple Choice $13.986 $14,895 $11836
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