Question: Hello please help Identify the inventory costing method best described by each of the following separate statements. Assume a period of increasing costs. Tends to

 Hello please help Identify the inventory costing method best described by

Hello please help

each of the following separate statements. Assume a period of increasing costs.

Identify the inventory costing method best described by each of the following separate statements. Assume a period of increasing costs. Tends to smooth out the erratic changes in costs. Results in the highest cost of goods sold. Mimics the actual ow of inventory for most businesses. Cost of goods sold approximates its current cost. Precisely matches the costs of items with the revenues they generate. 91:59.\

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