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The cost formula for inventories that are not ordinarily interchangeable, and goods or services produced and segregated for specific projects is: Question 1 Answer a
The cost formula for inventories that are not ordinarily interchangeable, and goods or services produced and segregated for specific projects is:
Question Answer
a
FIFO First In First Out
b
LIFO Last In First Out
c
Weighted average cost.
d
Specific identification.
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