Question: Multiple Choice Question Benson Company purchased two identical inventory items. The item purchased first cost $40. The second item cost $42. If one of the

Multiple Choice Question Benson Company purchased two identical inventory items. The item purchased first cost $40. The second item cost $42. If one of the items were sold, which cost flow method would produce the highest amount of cost of goods sold? Multiple choice question. Last-in, first-out Weighted average First-in, first-out

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