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Cunningham Furniture doesn't expect prices to change dramatically and wants to use a method that averages price changes. 1. Which inventory method would best meet

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Cunningham Furniture doesn't expect prices to change dramatically and wants to use a method that averages price changes. 1. Which inventory method would best meet Cunningham Furniture's goal? 2. What if Cunningham Furniture wanted to expense out the newer purchases of goods instead? Which inventory method would best meet that need? 1. Which inventory method would best meet Cunningham Furniture's goal? The inventory costing method that averages price changes is the: O A. Last-in,first-out (LIFO) cost method O B. Specific-unit-cost method O c. First-in, first-out (FIFO) cost method O D. Average cost method What if Cunningham Furniture wanted to expense out the newer purchases of goods instead? Which inventory method would best meet that need? The inventory costing method that expenses out the newer purchases of goods is the: 2. O A. Specific-unit-cost method O B. Last-in, first-out (LIFO) cost method O C. First-in, first-out (FIFO) cost method O D. Average cost method

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