The inventory costing method that is based on the assumption that costs should be charged against revenue

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The inventory costing method that is based on the assumption that costs should be charged against revenue in the order in which they were incurred is:

A. fifo C. average cost B. lifo D. perpetual inventory.AppendixLO1

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Financial Accounting

ISBN: 9780324188035

9th Edition

Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess

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