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Which inventory costing method assumes that the most recent costs are the first to be allocated to the cost of goods sold? a) FIFO (First-In,

Which inventory costing method assumes that the most recent costs are the first to be allocated to the cost of goods sold? a) FIFO (First-In, First-Out) b) LIFO (Last-In, First-Out) c) Weighted Average Cost d) Specific Identification Warning: Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave 30 dislikes for you.

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