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correct? Two companies report the same cost of goods available for sale but each employs a different inventory costing method. If the price of goods

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Two companies report the same cost of goods available for sale but each employs a different inventory costing method. If the price of goods has increased during the period, then the company using OLIFO will have the highest Ending Inventory OFIFO will have the highest Cost of Goods Sold O FIFO will have the highest Ending Inventory OLIFO will have the lowest Cost of Goods Sold

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