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There are various methods available to measure the cost of inventory: Unit cost. FIFO (first-in, first-out). LIFO (last-in, last-out). Weighted average cost. Which of these

There are various methods available to measure the cost of inventory: Unit cost. FIFO (first-in, first-out). LIFO (last-in, last-out). Weighted average cost. Which of these methods is permissible for measuring cost in IAS 2: Inventories? Solution A.FIFO and weighted average cost only. B.FIFO and LIFO only. C.Unit cost, FIFO and weighted average cost only. D.Unit cost, FIFO, LIFO and weighted average cost

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