The specific identification method of inventory costing is appropriate for costly, easily distinguishable items such as cars, pianos, and antigues.

Question

Quizplus · Accepted Answer

The specific identification method of inventory costing is appropriate for items that are costly and easily distinguishable because it allows for each individual item to be tracked and valued separately. This method is not suitable for items that are not easily distinguishable, such as grains or liquids.

The Specific Identification Method of Inventory Costing Is Appropriate for Costly