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Give examples of specific companies that you would logically think should use each of the following inventory valuation methods (at least one company per method):

Give examples of specific companies that you would logically think should use each of the following inventory valuation methods (at least one company per method): -Specific identification -First-in, First-out (FIFO) -Last-in, First-out (LIFO) -Weighted average cost Now identify reasons that a company may not use the most obvious logical cost flow valuation method, hence, the reason these are considered cost flow assumptions.

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Mega Irrigation a large irrigation wholesale store is looking to switch from a periodic inventory system where they update financial records for merchandise transactions at the end of a period to a pe... blur-text-image

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