ACC100 Week 6 Discussion Latest 2019 January Question # 00597239 Course Code : ACC100 Subject: Business Due on: 01/25/2019 Posted On: 01/25/2019 01:06 PM Tutorials: 1 Rating: 4.6/5
ACC100 Accounting
Week 6 Discussion
Use the Internet to research the annual report of at least
one (1) merchandising company. For example, while you can’t use this one, here
is one from Walmart.
Determine which costing method (Last In First Out [LIFO],
First In First Out [FIFO], or weighted average cost) is used to record
inventory by your selected company.
Share three (3) advantages and three (3) disadvantages of
using the type of costing method (LIFO, FIFO, and weighted average) that the
company has implemented.
Provide support for your response.
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