Use the Following Information for Questions

Multiple Choice

Use the following information for questions.
Tang Inc.uses the retail inventory method.The following information is available for the current year:
-If the ending inventory is to be valued at approximately lower of average cost and market, the calculation of the cost ratio should be based on cost and retail of

A) $450,000 and $645,000.
B) $450,000 and $642,000.
C) $559,000 and $825,000.
D) $567,000 and $828,000.