Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar....

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Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 960 $7.28 Mar. 10 Purchase 550 7.78 Mar.16 Purchase 449 8.38 Mar.23 Purchase 540 9.08 Marvin sold 1,820 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 $6,989. $1,999. $1,475. Mar.16 Purchase 750 8.21 Mar.23 Purchase 580 8.61 Marvin sold 1,880 units of inventory during the month. Cost of goods sold assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $16,318. $16.187. $15,393. $14,268. Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 960 $7.28 Mar. 10 Purchase 550 7.78 Mar.16 Purchase 449 8.38 Mar.23 Purchase 540 9.08 Marvin sold 1,820 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 $6,989. $1,999. $1,475. Mar.16 Purchase 750 8.21 Mar.23 Purchase 580 8.61 Marvin sold 1,880 units of inventory during the month. Cost of goods sold assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $16,318. $16.187. $15,393. $14,268.

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1 Ending inventory FIFO 6068 Calculations Under FIFO method ... View the full answer