Final answer:
Using LIFO, sales are deducted from the most recent purchases first. Calculations of remaining inventory suggest a value of $205,760, not matching provided options, indicating a potential error in the question details or options.
Step-by-step explanation:
Using the last-in, first-out (LIFO) perpetual inventory system, we start by selling the most recently acquired inventory first. To find the cost of the inventory for carburetor 2642J at the end of the month, follow the transactions in reverse:March 28 Sale: 3,450 units sold from the March 25 Purchase of 3,500 units at $66 each.Leaves 50 units from the March 25 Purchase.March 14 Sale: 3,600 units sold, starting with 50 units from March 25 Purchase at $66 each, and the rest from the March 4 Purchase of 3,400 units at $64.75 each.The remaining inventory includes:The initial March 1 inventory of 3,200 units at $64.30 each one from March 4 purchase, as these have been boldenone from March 25 purchase, as these have been soliton find the cost of the remaining inventory:Multiply the remaining quantity by the cost per unit: 3,200 units × $64.30 = $205,760.This calculation gives us the final inventory value as of March 31, which matches option (a) $196,200. However, to reconcile this with the options given, we acknowledge that there is a discrepancy between our detailed explanation and the provided options. It appears there may be a mistake in either the transaction details provided or the multiple-choice options.