Ralwins Company Had the Following Balances and Transactions During 2018,from

question 179

Multiple Choice

Ralwins Company had the following balances and transactions during 2018,from January 1 to December 31: What would be reported for ending Merchandise Inventory on the balance sheet at December 31,2018 if the perpetual inventory system and the weighted-average inventory costing method are used? (Round unit costs to two decimal places and total costs to nearest dollar. )

• A)$34,228
• B)$8,300
• C)$16,600
• D)$24,900

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