Question: ( b ) If the perpetual inventory record is kept ( 1 ) First - in , First - out, ( FIFO ) . (

(b) If the perpetual inventory record is kept
(1) First-in, First-out, (FIFO).
(2) Last-in, First-out, (LIFO).
(3) Average Cost.
 (b) If the perpetual inventory record is kept (1) First-in, First-out,

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