Multiple Choice

• $16,433.

• $16,254.

• $15,428.

• $14,383.

Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar.10 Purchase Mar.16 Purchase Mar.23 Purchase Number of Units 900 560 Unit Cost $7.26 7.72 8.20 8.60 800 520 Marvin sold 1,890 units of inventory during the month. Cost of goods sold assuming FIFO would be: answer to the nearest dollar amount.)