Question: 1. Which inventory method generally results in costs allocated to ending inventory that will approximate their current cost? a. LIFO b. FIFO C. Average Cost

1. Which inventory method generally results in costs allocated to ending

1. Which inventory method generally results in costs allocated to ending inventory that will approximate their current cost? a. LIFO b. FIFO C. Average Cost Method d. Whichever method that produces the highest ending inventory figure

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