Ignore GST. Retailer Co. had the following information in April. On Apr 1, the beginning inventory included 1,000 units at $10 each. On Apr 10, the company purchased 2,000 units of inventory at $10.60 each. On Apr 15, the company sold 1,600 units of inventory at $20 each. On Apr 20, the company purchased 1,400 units of inventory at $10.80 each. On Apr 25, the company sold 2,000 units of inventory at $20 each.

Under the perpetual system, with the average cost method, which of the following statement is CORRECT? (Round the average cost per unit to the nearest cent where applicable.)

A) The cost of sales for the month is $72,000. B) The cost of sales for the month is $37,840. C) The ending inventory for this month is $8,440. D) The ending inventory for this month is $8,560.