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Everyday Wear Retall had the folowing balances and transactions during 2018 Beginning Inventory 15 units at 572 June 10 Purchased 30 units at $85 December

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Everyday Wear Retall had the folowing balances and transactions during 2018 Beginning Inventory 15 units at 572 June 10 Purchased 30 units at $85 December 30 Solid 20 units December 31 Replacement cost $67 The company maintains its records of inventory on a perpetual basis using the first in first-out inventory costing method. Calculate the amount of ending Merchandise Inventory on December 31, 2016 using the lower-of-con-of-market rule OA $1.000 OB. $2,010 OC. $1,675 OD. $1,800

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