The following data was extracted from the records of Winsam Company: Winsam's most recent income statement showed cost of goods sold of $8,800. Which method was used for valuing inventory?

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The following data was extracted from the records of Winsam Company:  Winsam's most recent income statement showed cost of goods sold of $8,800. Which method was used for valuing inventory?

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The Answer of The following data was extracted from the records of Winsam Company:  Winsam's most recent income statement showed cost of goods sold of $8,800. Which method was used for valuing inventory?

The Following Data Was Extracted from the Records of Winsam