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to purchase a unit of inventory does not change, ending inventory: will be the highest under FIFO. will be the highest under LIFO. cannot be

to purchase a unit of inventory does not change, ending inventory:

  • will be the highest under FIFO.
  • will be the highest under LIFO.
  • cannot be computed using the average-cost method.
  • will be the same under LIFO and FIFO.

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