pineappledogpie7423 pineappledogpie7423
  • 20-10-2017
  • Business
contestada

The first costs assigned to ending inventory are the costs of the beginning inventory under the

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Kalahira
Kalahira Kalahira
  • 31-10-2017
The answer is LIFO method or last in first out method. This is a practice that is rarely used in business as it could cause the inventory to become very old and unusable. For example milk on a shelf in the grocery store, if you keep putting fresh milk out front the back milk would expire before being used.
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