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A) $15,300 B) $7,600 C) $22,900 D) $15,400 5. Rally Wheels, Inc. had the following balances and transactions during 2018 Beginning Merchandise Inventory as of

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A) $15,300 B) $7,600 C) $22,900 D) $15,400

5. Rally Wheels, Inc. had the following balances and transactions during 2018 Beginning Merchandise Inventory as of January 1, 2018 March 10 June 10 October 30 100 units at $75 Sold 50 unis Purchased 200 units at $77 Sold 150 unit What would the company'sending merchancise inventory cost be on December 31, 2018 if the perpetual inventory system and the last- in rst-out inventory costing method are used

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