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There are several methods available to calculate the value of a companys inventory (FIFO, LIFO, Average Cost, Specific Identification, Lower of Cost or Market). Pick

There are several methods available to calculate the value of a companys inventory (FIFO, LIFO, Average Cost, Specific Identification, Lower of Cost or Market). Pick one method and provide a company that uses that method and a valid reason why you think the company has chosen that method.

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