Question: pls answer all When prices are rising, the inventory method that results in the lowest COGS is: O A FIFO O B.LIFO OC Weighted Average



When prices are rising, the inventory method that results in the lowest COGS is: O A FIFO O B.LIFO OC Weighted Average O D. Specific Identification When prices are rising, the inventory method that results in the lowest income tax expense is: O A. FIFO O B. LIFO O C. Weighted Average O D. Specific Identification During 2005. Delta recorded inventory purchases of 545,000 and cost of goods sold of 550.000 inventory at the beginning of the year was 515.000, the ending inventory balance must have been O A $10,000 8:525,000 C. 526.000 O 0.527,000 When prices are rising the inventory method that results in the lowest gross profit is: O A. FIFO O B.LIFO OC Weighted Average O D. Specific identification
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