An advantage of using the retail method of inventory costing is
a. that it provides inventory figures for preparing monthly and quarterly financial statements when the periodic system is used.
b. that it allows management to monitor operations more closely when the number of physical inventories is reduced.
c. that it may be used as an aid in taking a physical inventory.
d. All of these choices are correct.
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Home » Business » An advantage of using the retail method of inventory costing is a. that it provides inventory figures for preparing monthly and quarterly financial statements when the periodic system is used. b.