It's not unusual for large companies to use different inventory costing methods for different segments of its inventory.

Name: It's not unusual for large companies to use different inventory costing methods for different segments of its inventory.
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Question

Quizplus · Accepted Answer

It's common for large companies to use different costing methods such as FIFO, LIFO or average cost for their different inventory segments. For example, a company may use FIFO for its finished goods inventory and LIFO for its raw materials inventory.

It's Not Unusual for Large Companies to Use Different Inventory