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Samson, Inc. had the following balances and transactions during 2025. Beginning Merchandise Inventory March 10 June 10 October 30 15 units at $93 Sold 12
Samson, Inc. had the following balances and transactions during 2025. Beginning Merchandise Inventory March 10 June 10 October 30 15 units at $93 Sold 12 units Purchased 45 units at $98 Sold 40 units What is the balance of the company's Merchandise Inventory, as disclosed in the December 31, 2025 balance sheet as per the periodic FIFO inventory costing method? K O A. $465 O B. $490 O C. $1,395 OD. $784 Roadside, Inc. had the following balances and transactions during 2024 Beginning Merchandise Inventory March 10 June 10 October 30 30 units at $70 Sold 27 units Purchased 90 units at $80 Sold 85 units What is the amount of the company's ending Merchandise Inventory, as disclosed in the December 31, 2024 balance sheet using the periodic LIFO inventory costing method? O A. $560 w O B. $640 O C. $400 OD. $350
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