A Company Purchased 300 Units for $60 Each on January

A company purchased 300 units for $60 each on January 31.It purchased 150 units for $25 each on February 28.It sold a total of 250 units for $70 each from March 1 through December 31.If the company uses the weighted-average inventory costing method,calculate the amount of ending inventory on December 31.(Assume that the company uses a perpetual inventory system.Round any intermediate calculations two decimal places,and your final answer to the nearest dollar. )

A) $21,750
B) $9,666
C) $12,084
D) $8,500