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In a period of decreasing prices, the FIFO method will cause Merchandise Inventory to be (higher/lower) and profit to be (higher/lower) than the weighted avera

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In a period of decreasing prices, the FIFO method will cause Merchandise Inventory to be (higher/lower) and profit to be (higher/lower) than the weighted avera Need help? Revlew these concept resources. Read About the Concept Rate your confidence to submit your

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