Can someone answer one SHORT question?
Assume you own a restaurant. What inventory costing method would you prefer, and why? Also, include a discussion as to whether the costing method you would use for your accounting records would follow the actual flow of your inventory.
A
s
sume
you
own
a
restaurant.
What
inventory
costing
method
would
you
prefer,
and
why?
Also,
include
a
discussion
as
to
whether
the
costing
method
you
would
use
for
your
accounting
records
would
follow
the
actual
flow
of
your
inventory.
Book
used
-
for
question
is
Miller
-
Nobles, T., Mattison, B., & Matsumura, E. M. (2016).
Horngren's
accounting
(11th ed.). Boston, MA: Pearson
Assume you own a restaurant. What inventory costing method would you prefer, and why? Also, include
a discussion as to whether the costing method you would use for your accounting records would follow
the actual flow of your inventory.
Book used -for question is Miller-Nobles, T., Mattison, B., & Matsumura, E. M. (2016). Horngren's
accounting (11th ed.). Boston, MA: Pearson