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    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 6: Merchandising Inventory
  5. Question
    Which of the Following Inventory Costing Methods Yields the Lowest
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Which of the Following Inventory Costing Methods Yields the Lowest

Question 2

Question 2

Multiple Choice

Which of the following inventory costing methods yields the lowest ending inventory when costs are rising during the accounting period?


A) Specific-unit-cost
B) Average-cost
C) Last-In, First-Out
D) First-In, First-Out

Correct Answer:

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