Question: FIFO FIFO drop zone empty. LIFO LIFO drop zone empty. Weighted Average Weighted Average drop zone empty. Specific Identification Specific Identification drop zone empty. Assumes
FIFO
FIFO drop zone empty.
LIFO
LIFO drop zone empty.
Weighted Average
Weighted Average drop zone empty.
Specific Identification
Specific Identification drop zone empty.
Assumes costs flow at an average of the costs available
Assumes costs flow in the order incurred
Assumes costs flow can be specifically matched with the physical flow of items
Assumes costs flow in the reverse order incurred
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