Southeast Steel, Inc., changed from the FIFO inventory costing method to the LIFO method during 2010. How

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Southeast Steel, Inc., changed from the FIFO inventory costing method to the LIFO method during 2010. How would this change likely be reported in the 2011 comparative financial statements?

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Question Posted: Jul 11, 2013 03:50 AM

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Southeast Steel, Inc., changed from the FIFO inventory costing method to the LIFO method during 2010. How

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Intermediate Accounting

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