Question and answer
A method of allocating merchandise cost requires each item sold and each item remaining in inventory be separately identified with respect to its purchase cost is called ________.
A method of allocating merchandise cost requiring each item sold and each item remaining in inventory to be separately identified with respect to its purchase cost is called the specific identification method.
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Asked 6/4/2017 8:59:12 AM
Updated 5 days ago|7/12/2019 3:31:48 PM
2 Answers/Comments
Edited by matahari [7/12/2019 9:32:02 AM]
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A method of allocating merchandise cost requiring each item sold and each item remaining in inventory to be separately identified with respect to its purchase cost is called the specific identification method.
Added 5 days ago|7/12/2019 8:15:05 AM
This answer has been confirmed as correct and helpful.
Confirmed by matahari [7/12/2019 9:32:03 AM]
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Added 5 days ago|7/12/2019 3:31:48 PM
Deleted by Sting [7/12/2019 6:19:46 PM]
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