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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
Which of the following inventory costing methods yields the lowest cost of goods sold during a period of rising inventory costs?
A) weighted-average
B) first-in, first-out
C) last-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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.unplugged..unplugged.
wrote...
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Posts: 1272
7 years ago
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H3Ko Author
wrote...
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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