When inventory costs are decreasing, the lifo costing method will generally result in:
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Business, 23.11.2019 11:31 xXwolfieplayzXx
When inventory costs are decreasing, the lifo costing method will generally result in:
a. the same inventory value as fifo.
b. a higher gross profit than under fifo.
c. a lower gross profit than under fifo.
d. a lower inventory value than under fifo?
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