Inventory Control Methods Jeffrey Gennette is the CEO of Macy's (a United States retailer). Because Jeffrey's bonus is based on the company's earnings, he has directed the controller to use FIFO as the inventory costing method. Jason did not tell the controller his real reason for the directive; instead, he stated that he thought FIFO better reflected the actual flow of inventory costs. Review the following links and company websites then answer the questions. . Kohl's Macy's 1. Jeffrey's decision to select FIFO appropriate? Is it ethical? Is Jeffrey wrong if this will help the company and also benefit him too? 2. What are some of the pitfalls of a company basing a manager's or CEO's company's earnings? States retailer):