Rally Wheels, Inc. had the following balances and transactions during 2018: Beginning Merchandise Inventory as of January 1, 2018 March 10 June 10 October 30 200 units at $70 Sold 50 units Purchased 800 units at $77 Sold 175 units What would the company's ending merchandise inventory cost be on December 31, 2018 if the perpetual inventory system and the last - in, first-out inventory costing method are used? O A. $61,600 OBS58,625 O C. $75,600 OD S16.975 Martha, Inc. had 24,000 units of ending inventory that were recorded at the cost of $6.00 per unit using the FIFO method. The current replacement cost is $4.25 per unit. Which of the following amounts would be reported as ending Merchandise Inventory on the balance sheet using the lower-of-cost-or-market rule? A. $168.000 . $248.000 OC. $102,000 D. $144,000