A company had the following purchases and sales during its first year of operations: PurchasesSalesJanuary:22 units at $18014 unitsFebruary:32 units at $18512 unitsMay:27 units at $19016 unitsSeptember:24 units at $19515 unitsNovember:22 units at $20028 unitsOn December 31, there were 42 units remaining in ending inventory. Using the Perpetual LIFO inventory valuation method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.)
A. $9387.
B. $9839.
C. $9315.
D. $14,445.
E. $7815.
Answer: E
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