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(1) Samson Company had the following balances and transactions during 2013 nning invento arch 10 une 10 0 units at $70 old 8 units chased
(1) Samson Company had the following balances and transactions during 2013 nning invento arch 10 une 10 0 units at $70 old 8 units chased 20 units at $80 old 15 units tober 30 1.a) What would the company's Inventory amount be on the December 31, 2013 balance sheet if the perpetual First- In, First-Out costing method is used? (Answers are rounded to the nearest dollar.) 1.b) What would the company's Cost of goods sold be on the December 31, 2013 income statement if the perpetual First-In, First-Out costing method is used? (Answers are rounded to the nearest dollar.) 1.c) What would the company's Inventory amount be on the December 31, 2013 balance sheet if the perpetual Last In, First-Out costing method is used? (Answers are rounded to the nearest dollar.) 1.d) What would the company's Cost of goods sold be on the December 31, 2013 income statement if the perpetual Last-In, First-Out costing method is used? (Answers are rounded to the nearest dollar.) 1.e) What would the company's Inventory amount be on the December 31, 2013 balance sheet if the perpetual average-costing method is used? (Answers are rounded to the nearest dollar.) 1.f) What would the company's Cost of goods sold be on the December 31, 2013 income statement if the perpetual average-costing method is used? (Answers are rounded to the nearest dollar.)
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