Question
The inventory allocation method that assigns the most recent costs to ending inventory and the oldest costs to cost of goods sold is the ______.
The inventory allocation method that assigns the most recent costs to ending inventory and the oldest costs to cost of goods sold is the ______. A. specific identification method B. LIFO method C. moving-average method D. FIFO method
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Cost Accounting A Managerial Emphasis
Authors: Charles T Horngren
4th Edition
0131797395, 978-0131797390
