Question: 2 0 State Materials, Incorporated changed from the FiFO method of costing inventories to the weighted average method during 2 0 2 4 . When

20
State Materials, Incorporated changed from the FiFO method of costing inventories to the weighted average method during 2024. When reported in the 2024 comparative financial statements, the 2023 inventory amount will be:
025744
Multiple Choice
decreased.
increased.
increased or decreased, depending on how prices changed during 2024.
unatlected.
2 0 State Materials, Incorporated changed from

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