which inventory method prevents a company from switching its inventory costing method to a different method each year?

Suppose Mountain, Inc., lost its entire inventory in a hurricane. Beginning inventory was $47.000, net purchases totaled 5524.000, and sales came to 5880.000. Mountain's normal gross profit percentage is 40 percent. Use the gross profit method to estimate the cost of the inventory lost in the hurricane. A $75.200 OB. $130,800 C. $122.200 OD 3300,000 Click to select your answer Sample Tests and Quintes