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

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Accounting

Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 1,040 $7.19 Mar. 10 Purchase 600 7.32 Mar. 16 Purchase 880 7.41 Mar. 23 Purchase 530 7.70 Marvin sold 2,200 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 four decimals if necessary): $16,209. $16,104. $16,291. $15,818.

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