lo'tak Test: Test 2 Chapters 4-7 s Question 19 of 40 18. O 19 During periods of declining purchase prices, LIFO produces the lowest amount of ending inventory relative to the other inventory costing 20.O methods O a True O b. False 23 O 25. O 26. C 27. O 29. C 30. O 31 O 0 Type here to search