Can someone answer one SHORT question?

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