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Ralwins, Inc. had the following balances and transactions during 2024, from January 1 to December 31: Beginning Merchandise Inventory March 10 June 10 200 units
Ralwins, Inc. had the following balances and transactions during 2024, from January 1 to December 31: Beginning Merchandise Inventory March 10 June 10 200 units at $84 Sold 120 units October 30 Purchased 600 units at $87 Sold 320 units What would be reported for ending Merchandise Inventory on the balance sheet at December 31, 2024 if the perpetual inventory system and the weighted average inventory costing method a used? (Round unit costs to two decimal places and total costs to nearest dollar.) OA $23,520 OB. $6,720 OC. $16,800 OD. $31,194
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