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Two companies report the same cost of goods available for sale but each empoys a different inventory costing method. if the price of goods has increased during the period, then …
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Two companies report the same cost of goods available for sale but each empoys a different inventory costing method. if the price of goods has increased during the period, then …
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Nov 21, 2024
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two companies report the same cost of goods available for sale but each empoys a different inventory costing method. if the price of goods has increased during the period, then the compnay using lifo will have the higest neding inventory
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Answer: fifo will have the highest ending inventory
Step-by-step explanation:
Don B
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