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> Answer the following questions: Which of the three inventory cost formulas will a company use if its goods available for sale are identical? Which

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> Answer the following questions: Which of the three inventory cost formulas will a company use if its goods available for sale are identical? Which cost formula assumes that the first goods purchased are the first goods that we would sell? Which cost formula matches the actual physical flow of merchandise? > e Textbook and Media FIFO cost method Atte Average cost method Save for Later Specific identification method Average cost or FIFO method

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