Accountıng I Deneme Sınavı Sorusu #1236440

Which of the following based on the specific cost of particular units of inventory. 


Specific Identification Method

Average Cost Method

First-In, First-Out (FIFO) Method

Last-In, First-Out (LIFO) Method

Total Cost Method


Yanıt Açıklaması:

The specific identification method uses the specific cost of each inventory unit to determine ending
inventory and cost of goods sold.

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