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A company purchased 400 units for $50 each on January 31. It purchased 200 units for $35 each on February 28. It sold a total

A company purchased 400 units for $50 each on January 31. It purchased 200 units for $35 each on February 28. It sold a total of 250 units for $50 each from March 1 through December 31. If the company uses the weightedaverage 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.

$14,875

B.

$15,750

C.

$27,000

D.

$11,250

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