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Samson, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory 1515 units at $ 90$90 March 10 Sold 1212 units June 10
Samson, Inc. had the following balances and transactions during 2019:
Beginning Merchandise Inventory | 1515 units at $ 90$90 |
March 10 | Sold 1212 units |
June 10 | Purchased 4545 units at $ 96$96 |
October 30 | Sold 3939 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.
$ 576$576
B.
$ 1 comma 350$1,350
C.
$ 540$540
D.
$ 864
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