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nventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 1,000 $ 7.27 Mar. 10 Purchase 550 7.77 Mar. 16 Purchase 436 8.37 Mar. 23 Purchase 530 9.07 Marvin sold 1,850 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
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