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Inventory records for Marvin Company revealed the following: of Date Transaction Mar. 1 Beginning Inventory Mar. 10 Purchase Mar. 16 Purchase Mar. 23 Purchase Number
Inventory records for Marvin Company revealed the following: of Date Transaction Mar. 1 Beginning Inventory Mar. 10 Purchase Mar. 16 Purchase Mar. 23 Purchase Number Unit Units Cost 1,000 $7.20 600 7.25 800 7.30 600 7.35 Marvin sold 2,300 units of inventory during the month. Ending inventory assuming LIFO would be: Multiple Choice $5,040 O $5,055. $5,075. O $5,135
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