chloeroebuck2021
Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Which cost flow assumption assumes that the last units purchased are the first units sold?

a. LIFO
b. FIFO
c. Specific identification
d. Weighted average cost

Sagot :

lawrencemma2165
The answer is a. LIFO
Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.