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When identical units of an item are purchased at different costs, an inventory cost flow method a.must be used under a perpetual inventory system only.

When identical units of an item are purchased at different costs, an inventory cost flow method

a.must be used under a perpetual inventory system only.

b.is not used under either a perpetual or a periodic inventory system.

c.must be used under a periodic inventory system only.

d.must be used under both perpetual and periodic inventory systems.

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