Use the Following Information for Questions 114 Through 118

Multiple Choice

Use the following information for questions 114 through 118.
The following data concerning the retail inventory method are taken from the financial records of Welch Company.
-If the ending inventory is to be valued at approximately the lower of cost or market, the calculation of the cost-to-retail ratio should be based on goods available for sale at (1) cost and (2) retail, respectively of

A) $837,000 and $1,230,000.
B) $837,000 and $1,188,000.
C) $837,000 and $1,170,000.
D) $819,000 and $1,170,000.