10. Scolari Company adopted the dollar-value LIFO method on January 1, 2007, at which time its inventory consisted of 6,000 units of Item A at $5.00 each and 3,000 units of Item B at $16.00 each. The inventory at December 31, 2007 consisted of 12,000 units of Item A and 7,000 units of Item B. The most recent actual purchases related to these items were as follows:

Items	Purchase Date	Purchased	Cost Per Unit
A	12/07/2007	2,000	$6.00
A	12/11/2007	10,000	5.75
B	12/15/2007	10,000	17

What is the price index for 2007 that should be computed by Scolari Company?

a. 108.33%

b. 109.59%

c. 111.05%

d. 220.51%