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TB MC Qu. 6-97 Inventory records for Marvin Company... Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar.10 Purchase
TB MC Qu. 6-97 Inventory records for Marvin Company... 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 1,020 580 850 550 Unit Cost $7.13 7.28 7.42 7.65 Marvin sold 2,000 units of inventory during the month. Cost of goods sold assuming weighted-average cost would be: (Do not round your intermediate calculations and round your final answer to nearest dollar amount. Round weighted-average unit cost to 4 decimals if necessary.) Multiple Choice $14,673 O $14,740. O | $14,260. Mar.10 Purchase Mar.16 Purchase Mar.23 Purchase 580 850 550 7.28 7.42 7.65 Marvin sold 2,000 units of inventory during the month. Cost of goods sold assuming weighted-average cost would be: (Do not round your intermediate calculations and round your final answer to nearest dollar amount. Round weighted average unit cost to 4 decimals if necessary.) Multiple Choice $14,673. $14,740. $14,260 $14,560
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