1 2 3 4 5 Inventory cost flow assumptions address accounting issues when O a. an item is sold and it is necessary to determine its sales price. b. an item is purchased and it is necessary to determine its cost. c. different units of merchandise are acquired at the same unit cost during the period. O d. identical units of merchandise are acquired at different unit costs during the period.

Inventory cost flow assumptions address accounting issues when a. an item is sold and it is necessary to determine its sales price. b. an item is purchased and it is necessary to determine its cost. c. different units of merchandise are acquired at the same unit cost during the period. d. identical units of merchandise are acquired at different unit costs during the period