Question

One advantage of the lifo method is that

A.) an equal cost is assigned to each unit so net income doesn't fluctuate as much as with other methods
B.) flow of goods and flow of costs are the same
C.) it matches current selling prices and current costs
D.) ending inventory is valued at very old costs

Answer 1

The answer to your question is letter C. It matches current selling prices and current costs.

Answer 2

the answer to the question is c