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H3Ko H3Ko
wrote...
Posts: 4891
8 years ago
Which of the following inventory costing methods uses the costs of the oldest purchases to calculate the value of the ending inventory?
A) last-in, first-out
B) weighted-average
C) first-in, first-out
D) specific identification
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Answer verified by a subject expert
.unplugged..unplugged.
wrote...
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Posts: 1272
8 years ago
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H3Ko Author
wrote...
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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