Apps Connect - Class:... MInbox -alondra59... EasyBib: Free Bibli... M Inbox (561) - agon chapter 7 homework Saved Help Save & Exit Subr Check my work 11 Assume a periodic inventory system is used. The LIFO inventory costing method assumes that the cost of the units most recently purchased is the: 0.25 points Multiple Choice last to be assigned to cost of goods sold. first to be assigned to cost of goods sold. last to be assigned to units available for sale. first to be assigned to ending inventory Mc Graw Hill 28