A Company Purchased 400 Units for $30 Each on 31

Multiple Choice

A company purchased 400 units for $30 each on 31 January.It purchased 150 units for $35 each on 28 February.It sold a total of 150 units for $80 each from 1 March to 31 December.If the company uses the weighted-average inventory costing method,calculate the amount of ending inventory on 31 December.(Assume that the company uses a perpetual inventory system. )

A) $12,544
B) $17,250
C) $12,000
D) $13,000