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I run the accounting department in a company and our prices have increased a lot lately, which is inflation. I'm not sure if I should
I run the accounting department in a company and our prices have increased a lot lately, which is inflation. I'm not sure if I should change my cost stream method. Right now I'm using the weighted average option, but I'm wondering if there is a better option? I know there are four to choose from. FIFO, LIFO, Weighted Average and SI and I was hoping you could give me your opinion.
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