A1 Energy Group is a retailer operating in an industry that typically experiences inflation (rising costs). A1 Energy Group wants the most realistic ending inventory. Which inventory costing method should the company consider using? Specific identification is the most realistic method because it involves the actual costs FIFO because ending inventory represents the latest costs LIFO because ending inventory represents the earliest costs Average-cost because all inventory costs will then represent an average amount

A1 Energy Group is a retailer operating in an industry that typically experiences inflation (rising costs). A1 Energy Group wants the most realistic ending inventory. Which inventory costing method should the company consider using? Specific identification is the most realistic method because it involves the actual costs FIFO because ending inventory represents the latest costs LIFO because ending inventory represents the earliest costs Average-cost because all inventory costs will then represent an average amount