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Samson Company Had the Following Balances and Transactions During 2013

question 121

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Samson Company had the following balances and transactions during 2013. Samson Company had the following balances and transactions during 2013.   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.)  A) $490 B) $554 C) $560 D) $540 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.)


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