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Which of the following inventory costing methods uses the cost of the oldest purchases to compute the Cost of Goods Sold? Question content area bottom
Which of the following inventory costing methods uses the cost of the oldest purchases to compute the Cost of Goods Sold?
Question content area bottom
Part
A
firstminusin firstminusout
B
lastminusin firstminusout
C
specific identification
D
weightedminusaverage
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