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Pronghorn Company started operations on January 1, 2020, andhas used the FIFO method of inventory valuation since itsinception. In 2026, it decides to switch to

Pronghorn Company started operations on January 1, 2020, andhas used the FIFO method of inventory valuation since itsinception. In 2026, it decides to switch to the average-costmethod. You are prov 2 answers

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