Question: Which inventory costing method generally results in the most recent costs being assigned to ending inventory? OA LIFO. B. FIFO. C. Weighted average cost.

Which inventory costing method generally results in the most recent costs being assigned to ending inventory? OA LIFO. B. FIFO. C. Weighted average cost. OD Simple average cost. OE Specific identification.
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Answer The correct option is B FIFO Firstin firstou... View full answer
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