Under the FIFO method sales returns are costed back into inventory at:
A) an average cost price.
B) the most recent cost price attached to a sale.
C) a price determined by the accountant.
D) the original cost price that was attached to the original sale.

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The Answer of Under the FIFO method sales returns are costed back into inventory at:
A) an average cost price.
B) the most recent cost price attached to a sale.
C) a price determined by the accountant.
D) the original cost price that was attached to the original sale.

Under the FIFO Method Sales Returns Are Costed Back into Inventory