Which inventory costing method assigns to ending merchandise inventory the newest-the most recent-costs incurred during the period? OA. Last-in, first-out (LIFO) B. Specific identification C. Weighted-average D. First-in, first-out (FIFO)

Which inventory costing method assigns to ending merchandise inventory the newest-the most recent - costs incurred during the period? A. Last-in, first-out (LIFO) B. Specific identification C. Weighted-average D. First-inn, first-out (FIFO)