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Marvin sold 1,820 units of inventory during the month. Ending inventory assuming FIFO would be: A) $6,821 B) $5,540 C) $1,300 D) $4,471 Date Transaction
Marvin sold 1,820 units of inventory during the month. Ending inventory assuming FIFO would be: A) $6,821
B) $5,540
C) $1,300
D) $4,471
Date Transaction Mar. 1 Beginning inventory Mar.10 Purchase Mar. 16 Purchase Mar.23 Purchase Number of Units 950 530 456 510 Unit Cost $7.18 7.68 8.28 8.98Step by Step Solution
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