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Samson, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory March 10 June 10 October 30 10 units at $93 Sold 8
Samson, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory March 10 June 10 October 30 10 units at $93 Sold 8 units Purchased 20 units at $98 Sold 15 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. $686 B. $465 C. $930 D. $490
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