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Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 900 $7.22 Mar.10 Purchase 530 7.72
Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 900 $7.22 Mar.10 Purchase 530 7.72 Mar.16 Purchase 404 8.32 Mar. 23 Purchase 510 9.02 Marvin sold 1700 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.) Multiple Choice $1305 $5715 56.490
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