Select :

1.Specific identification

2.FIFO

3.LIFO

4.Weighted-average

The four methods of inventory costing have different advantages? Click and drag the advantage on the right to match the costing method on the left. No manipulation of income is possible -Select Lower income taxes result if used for tax purposes when prices are rising --Select- Buying or not Buying at year-end has a lesser effect on the cost of inventory -Select-- Provides the most precise matching of costs and revenues -Select