Question: Inventory cost flow assumptions address accounting issues when a . an item is sold and it is necessary to determine its sales price. b .
Inventory cost flow assumptions address accounting issues when
a an item is sold and it is necessary to determine its sales price.
b identical units of merchandise are acquired at different unit costs during the period.
c different units of merchandise are acquired at the same unit cost during the period.
d an item is purchased and it is necessary to determine its cost.
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