kakkakak8062 kakkakak8062
  • 10-03-2022
  • Business
contestada

Which inventory costing method uses the oldest cost for cost of goods sold on the income statement and the newest cost for inventory on the balance sheet?.

Respuesta :

nwailav
nwailav nwailav
  • 10-03-2022

Answer:

the method used for the oldest cost is FIFO (first in first out)

Answer Link

Otras preguntas

For the past three months, Ignacio has been waking up four or five times during the night. When he has to present an idea at work, his palms sweat and his heart
I don't understand this please explain step by step ​
what is the 3rd quadrant of 10,20,30,40,50,60​
Help !!!!! Also show me how to do it if you can guys
Why are plants roots important to prevent erosion? A. Plant roots anchor the soil in place. B. Plant roots build a barrier, preventing wind or rain from reachin
You got a job selling books at the mall. You are paid $70 per day plus $2 for each book you sell. Which recursive formula models this situation?
What does muscle tissue do to make body parts move ?
solve c2=a2+b2 for b
HELPPPPPPPPPPPPPPP ONNNNNNNNNNN MATHHHHHHHH
Helppppp please I’m confused