If a company's cost to parchase inwentory it increasing over time, which inventory costing imethod gonerally will resuit in an ending inventory value appraximating culrent cost3 FIFO LFC Averasecost Specificidentification Which inventory costing method wil gonerally result in the lowest net incorne and lowest tax expense when prices are rising? FIFO LIFO Average cost Specificidentification 6 3poimts What is the loser-of-oost-oc-net-realizable-walue (LCNRV) of the ending inventory? inventory $33,500$33,000$31,300$30,800