Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match each description to the appropriate cost flow assumption. Clear Last-in, first-out (LIFO) Cost flow matches the unit sold to the unit purchased. Weighted average Cost flow is in the order in which the costs were incurred. Specific identification The cost of the units sold and In ending inventory is a weighted average of the purchase costs. First-in, first-out (FIFO) Cost flow is assumed to be in the reverse order of costs incurred