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Rally Wheels, Inc. had the following balances and transactions during 2018: Beginning Merchandise Inventory as of January 1, 2018 150150 units at $ 74$74 March

Rally Wheels, Inc. had the following balances and transactions during 2018:

Beginning Merchandise Inventory as of January 1, 2018

150150

units at $ 74$74

March 10

Sold

5050

units

June 10

Purchased

450450

units at $ 77$77

October 30

Sold

150150

units

What would the company's ending merchandise inventory cost be on December 31, 2018 if the perpetual inventory system and the

lastminusin,

firstminusout

inventory costing method are used?

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