Melbourne Company Uses the Perpetual Inventory Method

Multiple Choice

Melbourne Company uses the perpetual inventory method.Melbourne purchased 500 units of inventory that cost $4.00 each.At a later date the company purchased an additional 600 units of inventory that cost $5.00 each.If Melboune uses a LIFO cost flow method,and sells 800 units of inventory,the amount of ending inventory appearing on the balance sheet will be:

A) $3,800.
B) $1.350.
C) $1,500.
D) $1,200.