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21 March, 04:37

Cost flow is in the reverse order in which costs were incurred when using

a. weighted average

b. last-in, first-out

c. first-in, first-out

d. average cost

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Answers (1)
  1. 21 March, 07:37
    0
    The correct answer is B.

    Cost flow is in the reverse order in which costs were incurred when using last-in, first out.
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