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discuss of the FIFO, LIFO, and Average Cost cost flow assumptions and their methods of calculating ending inventory cost and cost of goods sold. Compare

discuss of the FIFO, LIFO, and Average Cost cost flow assumptions and their methods of calculating ending inventory cost and cost of goods sold. Compare the three methods. How are they similar? What makes them different? Why would a company choose one over the others?

Prepare a discussion forum post to address each previously asked question. Your post must be at least six sentences addressing the comparison. You must also use APA formatting to cite your sources used to create your discussion post.

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