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Which inventory costing method most closely approximates current cost for each of the following: Ending Inventory Cost of Goods Sold a. FIFO FIFO b. FIFO

Which inventory costing method most closely approximates current cost for each of the following:

Ending Inventory Cost of Goods Sold

a. FIFO FIFO

b. FIFO LIFO

c. LIFO FIFO

d. LIFO LIFO

Please explain why?

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