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Match the most appropriate options Uses the actual cost of each unit of inventory options are: specific unit cost method LIFO overstated Costs of goods

Match the most appropriate options

Uses the actual cost of each unit of inventory

options are:

specific unit cost method

LIFO

overstated

Costs of goods avaliable for sale

Average cost Method

FIFI

image text in transcribed

Match the most appropriate options Uses the actual cost of each Choose.. unit of inventory If ending inventory is understated, COGS will be Choose... Cost of sales is based on Choose... the oldest purchase The sum of net purchases and opening inventory equals Choose. Which inventory costing method is not permitted under Australian Standards? Choose. In times of rising inventory costs which inventory costing method gives the owest cost of sales Choose... Calculate a new cost after each purchase Choose... In times of rising inventory costs which inventory costing method gives the highest profit Choose

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