When costs to purchase inventory regularly decline,which method of inventory costing will yield the lowest gross profit and income?
A)FIFO.
B)LIFO.
C)Weighted average.
D)Specific identification.
E)Gross margin.

Question

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The Answer of When costs to purchase inventory regularly decline,which method of inventory costing will yield the lowest gross profit and income?
A)FIFO.
B)LIFO.
C)Weighted average.
D)Specific identification.
E)Gross margin.

When Costs to Purchase Inventory Regularly Decline,which Method of Inventory