Question: When inventory cost are increase in the FIFO costing method will generally yield a cost of goods sold that is blank a lower than cost

When inventory cost are increase in the FIFO costing method will generally yield a cost of goods sold that is blank a lower than cost of sold under LIFO method B higher than cost of good sold under the ILFO method C equal to the cost of good sold under the LIFO method or D equal to the gross profit under the LIFO method

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