Samson Company had the following balances and transactions during 2013. What would the company's Inventory amount be on the 31 December 2013 balance sheet if the perpetual First- In, First- Out costing method is used? (Answers are rounded to the nearest dollar.)

Question

Samson Company had the following balances and transactions during 2013.  What would the company's Inventory amount be on the 31 December 2013 balance sheet if the perpetual First- In, First- Out costing method is used? (Answers are rounded to the nearest dollar.)

Quizplus · Accepted Answer

The Answer of Samson Company had the following balances and transactions during 2013.  What would the company's Inventory amount be on the 31 December 2013 balance sheet if the perpetual First- In, First- Out costing method is used? (Answers are rounded to the nearest dollar.)

Samson Company Had the Following Balances and Transactions During 2013