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My choice is Dairy Queen Use the Internet to research the annual report of at least one (1) merchandising company. For example, while you cant

My choice is Dairy Queen
  • Use the Internet to research the annual report of at least one (1) merchandising company. For example, while you cant use this one, here is one from Walmart.
  • Determine which costing method (Last In First Out [LIFO], First In First Out [FIFO], or weighted average cost) is used to record inventory by your selected company.
  • Share three (3)advantages and three (3)disadvantages of using the type of costing method (LIFO, FIFO, and weighted average) that the company has implemented.
  • Provide support for your response.

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