Question: Moving to another queson Will Saver Question 9 One disadvantage of the LIFO method is that: o an equal cost is assigned to each unit,
Moving to another queson Will Saver Question 9 One disadvantage of the LIFO method is that: o an equal cost is assigned to each unit, so net income does not fluctuate as much as with other methods o flow of goods and flow of costs are the same o it matches current selling prices and current costs. ending inventory is valued at very old costs
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