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A: assume that she uses the first and first out method compute both cost a good sold for the current period in the ending inventory
A: assume that she uses the first and first out method compute both cost a good sold for the current period in the ending inventory balance use the financial statement effect template to record cost a good sold for the period
B: assume that she uses the last and first out method compute both cost a good sold for the current period and the ending inventory balance
C: assume that she uses the average cost method compute both cost a good sold for the current period and the ending inventory balance hint do not round average cost per unit for calculations
D: which of these three inventory costume methods would you choose?
Reflect what is probably the physical flow of goods LIFOFIFOAverage Cost
Minimize income taxes for the period LIFOFIFOAverage cost
: report the largest amount of income for the period LIFOFIFOAverage Cost
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