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How does the inventory costing methods affect the income statement when costs tend to rise over time?

How does the inventory costing methods affect the income statement when costs tend to rise over time?
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how does the inventory costing methods affect the income statement when costs tend to rise over time?

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User Matthew Mullin
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2 Answers

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Answer:cost of good sold on the income statement

Step-by-step explanation:

answered
User Windweller
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2 votes

Answer:

Cost of Goods Sold on the income statement differs between the methods causing

Income Tax Expense to differ.

Step-by-step explanation:

answered
User Avi Chalbani
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