Create a thread: Consider creating your own merchandising operation (or share details if you already have one!).First, describe what you would sell/already sell as inventory and why.Which inventory cost flow method would you/do you use (specific identification, LIFO, FIFO, average cost) and why?

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Reply to a peer: Do you agree with the cost flow method your peer selected? Why? Doestheir selection make sense given the type of inventory they suggest selling?