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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Related Book For
Financial Accounting
ISBN: 9780324188035
9th Edition
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
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