Problem 18-4A Ending Inventory computation and evaluation LO C4 Nazaro's Boot Company makes specialty boots for the rodeo circuit. On December 31, 2016, the company had (a) 300 pairs of boots in finished goods inventory and (b) 1.800 heels at a cost of $10 each in raw materials inventory. During 2017, the company purchased 42.000 additional heels at $10 each and manufactured 16.400 pairs of boots. Required: 1. Determine the unit and dollar amounts of raw materials inventory in heels at December 31, 2017 Answer is complete but not entirely correct. Number of Cost per Total cost Beginning inventory, December 31, 2016 1,800 $ 10 $ 18,000 Purchases during 2017 42,000 10 420,000 Inventory available for production 43,800 $ 10 4 38,000 Less: Inventory transferred into 0 1000 production Ending inventory, December 31, 2017 43,800 $ 10 $ 438,000