The inventory method that considers the inventory to be composed of the units of merchandise acquired earliest is called
A)first-in,first-out.
B)retail method.
C)average cost.
D)last-in,first-out.

Question

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The Answer of The inventory method that considers the inventory to be composed of the units of merchandise acquired earliest is called
A)first-in,first-out.
B)retail method.
C)average cost.
D)last-in,first-out.

The Inventory Method That Considers the Inventory to Be Composed