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Mastermind is a chemical company that maintains a perpetual inventory system and utilizes the weighted average method. Mastermind provides the following information regarding the first

Mastermind is a chemical company that maintains a perpetual inventory system and utilizes the weighted average method. Mastermind provides the following information regarding the first two weeks of March:

Consider the March 15th sale of 735 gallons and select the answer below that shows the gross profit that will be reported by the company for this single sale. Rounding: do not round your intermediate calculations but do round your final gross profit to the nearest $1.

A.

$10,862

B.

$10,847

C.

$10,875

D.

$10,901

E.

$11,135

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