q 36

A company purchased 100 units for $20 each on January 31 , It purchased 300 units for $30 each on February 28 , it sold a total of 370 units for $110 each from March 1 thrcugh December 31 . if the company unes the last - in, Erst - out inventory costing method calculate the cost of ending inventory on December 31. (Assume that the company uses a petpetuai inventory system.) A. $600 B. $2.700 C. $900 D. $50