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17. The following data refer to Billings Company's ending inventory Item code Small Medium Large Extra-Large Quantity Unit Cost Unit Market $32 46 50 54

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17. The following data refer to Billings Company's ending inventory Item code Small Medium Large Extra-Large Quantity Unit Cost Unit Market $32 46 50 54 45 60 65 35 $38 42 53 How much is ending inventory if the lower of cost or market (LCM) rule is applied to the total inventory? A) $8,935 B) $8,805 C) $8,812 D) $8,814

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