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Which inventory method generally results in costs allocated to ending inventory that will approximate their current cost?
Question
Asked 6/24/2012 4:11:08 PM
Updated 9/21/2016 4:01:29 AM
1 Answer/Comment
Flagged by emdjay23 [9/20/2016 3:04:41 PM], Edited by jeifunk [9/21/2016 4:01:29 AM]
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User: Which inventory method generally results in costs allocated to ending inventory that will approximate their current cost?

Question
Asked 6/24/2012 4:11:08 PM
Updated 9/21/2016 4:01:29 AM
1 Answer/Comment
Flagged by emdjay23 [9/20/2016 3:04:41 PM], Edited by jeifunk [9/21/2016 4:01:29 AM]
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3
FIFO method generally results in costs allocated to ending inventory that will approximate their current cost.
Added 9/20/2016 3:04:35 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/21/2016 4:01:32 AM]
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