A company purchased 400 units for $50 each on January 31. It purchased 150 units for $25 each on February 28. It sold a total of 300 units for $60 each from March 1 through December 31. If the company uses the weighted - average inventory costing method, calculate the cost of ending inventory on December 31. (Assume that the company uses a perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.) A. $23,750 B. $10,795 C. $9,375 D. $12,955