Question: The most commonly used inventory costing method in the U.S. is: Multiple Choice FIFO. specific identification. LIFO. weighted average.

The most commonly used inventory costing method in the U.S. is:Multiple ChoiceOFIFO.OOOspecific identification.OLIFO 

The most commonly used inventory costing method in the U.S. is: Multiple Choice FIFO. specific identification. LIFO. weighted average.

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LIFO Most US companies prefer LIFO over other methods of inventor... View full answer

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