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RallyWheels, Inc. had the following balances and transactions during2018: Beginning Merchandise Inventory as of January1, 2018 120 units at $71 March 10 Sold 60 units

RallyWheels, Inc. had the following balances and transactions during2018:

Beginning Merchandise Inventory as of January1, 2018

120 units at $71

March 10

Sold 60 units

June 10

Purchased 240 units at $79

October 30

Sold 125 units

What would thecompany's ending merchandise inventory cost be on December31, 2018 if the perpetual inventory system and the lastin, firstout inventory costing method areused?

A.

$18,960

B.

$27,480

C.

$14,135

D.

$13,345

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