Samson, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory 25 units...
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Samson, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory 25 units at $ 95 March 10 Sold 23 units June 10 Purchased 50 units at $ 101 October 30 Sold 44 units What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet as per the periodic FIFO inventory costing method? A. $ 606 B. $ 808 C. $ 2 375 D. $ 570
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