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Sophie [7]
3 years ago
14

The inventory costing method that assigns the most recent costs to cost of goods sold is

Business
1 answer:
natita [175]3 years ago
5 0
An inventory costing method that assigns the most recent cost to cost of goods sold is the LIFO Method.
LIFO Method or the Last In, First Out Method use to place an accounting value on inventory. It operates under the presumption that the last item of the purchased inventory is the first one sold.
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