Match the Terms with the Definitions

Match the terms with the definitions.
-A method of allocating merchandise cost based on the average cost of identical units. The average cost of identical units is determined by dividing the total cost of units available for sale by the total number of units available for sale.

A) average cost
B) weighted-average method
C) consignee
D) consigned goods
E) specific identification method
F) retail method
G) cost
H) physical inventory
I) periodic inventory system
J) in transit
K) inventory sheet
L) natural business year
M) lower-of-cost-or-market method